- Hedera and Sui lead gains with bullish patterns and rising volume confirmation
- Solana nears breakout zone after sharp swings and strong volume surge
- Ondo and Chainlink show resilience, hinting at base formation and breakout potential
The altcoin market is seeing a surge in activity, with a select group of tokens standing out from the crowd. Hedera ($HBAR), Sui ($SUI), Solana ($SOL), Chainlink ($LINK), and Ondo ($ONDO) have all drawn investor attention this week. Despite broader market uncertainty, these assets show clear technical trends and strong volume patterns.
Hedera (HBAR) Gains Momentum After Early Dip
Hedera began the day with noticeable volatility. Its price briefly dropped under $0.170 but quickly recovered with strength. Buyers stepped in around the $0.1690 level, making it a critical support zone.
The price then climbed steadily, forming higher highs and higher lows. Notably, it faced resistance at $0.1740 but showed strong bullish sentiment in the second half of the session.
Higher volume up 11.24% confirmed buying interest. The 24-hour liquidity stood healthy, with a Vol/Mkt Cap ratio of 2.21%. If $0.1740 is breached convincingly, a new leg upward may begin.
Sui (SUI) Shows Powerful Rebound and Upside Pressure
Sui experienced a sharp reversal after an early session dip, ending the day with a 4.04% price increase. The $2.21–$2.22 area proved crucial as strong support. As the price rebounded, it quickly surged past intermediate resistance, reaching a day-high near $2.35.
Currently, $2.35 acts as a ceiling. However, breaking above it could lead to a test of the $2.40 region. The 29.5% rise in volume points to renewed optimism and momentum among traders. Liquidity remains solid with an impressive 11.75% Vol/Mkt Cap ratio.
Solana (SOL) Stabilizes After Wild Swings
Solana saw significant price swings but managed to finish with a modest 1.18% gain. Buyers defended the $135–$136 support zone effectively, triggering a bounce that lifted the price toward $141. At the time of writing, SOL is attempting to break through this immediate resistance.
With a 37.37% surge in volume, enthusiasm remains high. Should SOL break past $141, the next resistance lies at $144. The market views this as a key psychological barrier.
Chainlink (LINK) Holds Steady, Eyes Breakout
LINK moved mostly sideways, inching up by 0.22%. Its price bounced near $13.00 several times, making it a firm support level. Resistance at $13.50 remains tough to crack, but increasing stability suggests a breakout may be brewing.
Volume rose slightly, and liquidity continues to support steady trading. If $13.65 is reached, momentum could pick up.
Ondo (ONDO) Dips but Builds a Base
Ondo was the only altcoin among the five to post a daily decline. The price slipped 1.64% but found solid support between $0.840 and $0.845. Despite the red day, volume rose by over 12%, signaling that traders are watching closely.
If it maintains above $0.855, the short-term downtrend could give way to consolidation, possibly sparking a new trend soon.
