Solana shows recovery within an ascending channel, supported at 140 USD. However, token unlocks for SOL and SUI of around 73 million USD and 10 million USD respectively may affect this recovery.
Sui retains bullish momentum after reclaiming ground from a low of 2.80 USD. With an RSI trending upwards, there is potential for continued price increases, while immediate resistance points can impact recovery.
Despite geopolitical tensions, increasing bullish sentiment is reflected in both Solana and Sui. Traders should be cautious of key support and resistance levels, especially with upcoming token unlocks that could alter market dynamics.
Leave a Reply