- HBAR and SUI show investor caution with low volume despite strong support levels
- SOL and LINK face resistance-driven pullbacks amid declining short-term interest
- ONDO’s $1B TVL signals strong fundamentals despite its recent price decline
As crypto investors gear up for a potential altseason, several top contenders have emerged as key players in the conversation. Among them are Hedera (HBAR), Sui (SUI), Solana (SOL), Chainlink (LINK), and Ondo (ONDO).
While these assets are expected to play a central role in any major altcoin rally, their short-term technical patterns reflect hesitation, volatility, and investor uncertainty. This presents both risks and opportunities for those seeking entry points during market dips.
Hedera (HBAR): Holding Strong Despite Weak Volume
HBAR was trading at $0.1859, during reporting, experiencing a minor pullback of 1.88% over the past day. While the token showed early attempts to break higher, it failed to clear the $0.1897 resistance. Consequently, a bearish pattern of lower highs and lows took shape.
Support around $0.1834 has held firm, suggesting buyers are stepping in at key levels. However, volume dropped nearly 23%, reflecting caution among investors. With over 84% of its supply in circulation, HBAR faces less inflation risk, which could attract long-term holders.
Sui (SUI): Range-Bound But Stable
SUI, as of press time, is priced at $3.52 with a 1.38% daily decline. The token oscillated between $3.45 and $3.59, forming a high-volatility range with no clear breakout.
Volume fell by almost 38%, revealing waning momentum. However, with a market cap above $11 billion and a relatively low circulating supply (32%), SUI remains a long-term growth candidate. Future token unlocks may impact price action, so caution is advised.
Solana (SOL): Retreat After Resistance
SOL slipped to $147.17 following rejection at the critical $150 resistance zone. The asset retraced from its recent highs and is now establishing support near $145.
While Solana maintains a strong position with over $76 billion in market cap, the recent 24% volume decline suggests fading short-term enthusiasm. Investors may wait for a confirmed bounce before re-entering.
Chainlink (LINK): Persistent Bearish Pressure
LINK faced notable rejection near $15.11 and dropped 3.66% to trade at $14.54. The technical pattern remains bearish, with consistent lower highs and weak recovery attempts.
Support around $14.40 is holding for now. However, low volume and market hesitation make LINK vulnerable unless broader sentiment improves.
Ondo (ONDO): Sharp Decline Amid High TVL
ONDO declined nearly 5% to $0.9290 after hitting resistance at $0.9755. The asset followed a clear downward trajectory with weak buying support.
Despite this, ONDO boasts a Total Value Locked (TVL) of over $1 billion, highlighting strong DeFi fundamentals. This could act as a cushion for long-term price recovery.
