Altcoin Watch: SUI, SEI, SOL, APT, FET and the Upcoming Bull Run

The anticipation of an upcoming bull market has fueled interest in several altcoins, with traders closely watching SUI, SEI, SOL, APT, and FET. Recent price movements provide clues to their potential performance as they test key support and resistance levels. In this volatile market, these altcoins exhibit various trends that could impact their trajectory in the next bull run.

Sui (SUI) – Holding Support at Key Level

Sui (SUI), currently priced at $1.88, has faced a 4.97% decline over the last 24 hours. The price peaked at $1.9758 before experiencing a downward movement. However, the $1.878 level appears to be a crucial support point, where the price has found stability. This support has been tested repeatedly, indicating strong buyer interest.

Source: Coinmarketcap

The key resistance level is at $1.9758, a point SUI struggled to overcome before the sell-off. If buying pressure increases and SUI breaks through this resistance, it could signal a renewed upward trend. Conversely, failure to hold the $1.878 support may lead to further declines.

Sei (SEI) – Consolidation Near Critical Support

Sei (SEI) is valued at $0.4131, having dropped by 4.28% over the last day. The price reached a high of $0.4315 before pulling back. Currently, it is consolidating near $0.41, which has acted as a support level several times.

Source: Coinmarketcap

If SEI remains above this level, it could attempt another break above the $0.4315 resistance. However, a drop below this support could send the price toward the $0.40 range, a key psychological and historical support level. Volume activity suggests buyers are trying to regain control, but the bearish trend may persist if resistance levels remain unbroken.

Solana (SOL) – Testing Lower Support Levels

Solana (SOL), currently trading at $140.35, has seen a 2.53% decline. The price peaked at $144.04 during the day before dropping to a low near $138, where it found some stability. The $138 level is emerging as a significant support zone, as buyers stepped in to prevent further decline.

Source: Coinmarketcap

However, stronger support lies around $135, which could be tested if the bearish trend continues. To gain bullish momentum, SOL needs to break the $144.04 resistance, with further resistance expected in the $146-$148 range.

Aptos (APT) – Struggling Amidst Declining Volume

Aptos (APT) has taken a sharp hit, with its price falling to $8.48, an 8.51% decline over the past 24 hours. A significant volume drop of nearly 40% signals reduced buying interest at lower levels.

Read also: Aptos and SUI: Outperforming the Crypto Market

Source: Coinmarketcap

The price is hovering near $8.40, which acts as a key support level. If this support breaks, the next psychological level could be $8.00. However, to regain bullish momentum, APT must overcome resistance between $8.90 and $9.26, a range it previously failed to hold.

Artificial Superintelligence Token (FET) – Facing Bearish Pressure

Artificial Superintelligence Token (FET), now priced at $1.36, has seen a 4.94% drop. The price recently reached $1.44 before pulling back. Currently, it is consolidating near $1.35, which acts as an immediate support level.

Source: Coinmarketcap

However, if FET fails to hold this support, it could test the $1.30 level. On the upside, the price would need to break through $1.40 before challenging the key resistance zone around $1.44-$1.45. Declining volume suggests weakening momentum, which could lead to further downside unless buying interest revives.