From Coinpedia · By Sahana Vibhute
Story HighlightsBitcoin’s weakness and broader market uncertainty continue to challenge altcoins, making a sustained recovery important for improving overall sentiment
Despite the market weakness, SUI, AAVE & LINK are flashing potential rebound signals, while next moves depend on a rise above key levels
The crypto market volatility has risen significantly, with Bitcoin’s price hitting lows at $75,736 and recovering to the current level around $78,700. The latest midterm election developments have also added fuel to the uncertainty. In times when top cryptos remain uncertain, altcoins like Chainlink (LINK), Aave, and SUI are flashing bullish signals. Although a sustained recovery is far from confirmed, indicators pointed out by a popular analyst, Ali, point towards a drop in selling pressure.
Advertisement The analyst has also outlined key resistance levels that each altcoin needs to overcome. Will these altcoins stage a rebound while the broader market remains under pressure?
SUI price analysis: $0.90 Breakout Could Set Up a Move Toward $1.20
The SUI price is approaching an important resistance level after a prolonged decline from its October highs. The token is currently trading near $0.897, with its three-day chart showing a potential early recovery signal. According to Ali, the TD Sequential indicator has flashed a buy signal, suggesting that the recent selling pressure could be losing momentum.
However, the $0.90 level remains the first hurdle for buyers. A successful move above this resistance could strengthen the recovery attempt, opening the way toward $1.11. If bullish momentum continues, Ali identifies the setup resistance trendline near $1.20 as the next potential target. On the other hand, failure to clear $0.90 could keep SUI under selling pressure and delay the anticipated rebound. While the TD Sequential signal offers an encouraging development, buyers will need to support it with sustained price strength before a trend reversal can be considered.
AAVE Bulls Eye $146 as TD Sequential Flashes a Buy Signal
Aave price is also showing signs of a potential recovery, with the TD Sequential indicator flashing a buy signal on its three-day chart. According to Ali, the signal suggests that the recent selling pressure could be nearing exhaustion, although stronger buying activity is needed to confirm a rebound.
Ali is watching $146 as the first major upside target. A sustained move above this level could strengthen the bullish outlook and open the way toward the setup resistance trendline near $176. However, AAVE still needs to attract sufficient buying interest to reach these levels. If buyers fail to push the price higher, the token could remain under pressure, delaying the potential recovery. For now, the $146 resistance will be an important level to watch as traders assess whether the buy signal can translate into a sustained rebound.