Whale Activity Heats Up in SUI, SEI, INJ Amid Technical Breakouts and Market Bearishness
Major crypto traders are intensifying their focus on Sui (SUI), Sei (SEI), and Injective (INJ) as these altcoins reach critical technical levels amid heightened whale activity. Initially, attention centered on SUI, XRP, and ETH, with traders monitoring key resistance and support levels for possible breakouts or further declines. Recent developments show the spotlight shifting to SUI, SEI, and INJ due to significant price movements and high volatility. SUI has stabilized following a 22.55% six-month drop, trading between $2.77 and $4.01, with key levels at $2.29 (support) and $4.77 (resistance). SEI has fallen 71.32% in six months, now ranging between $0.16 and $0.25, with $0.13 as support and $0.31 as resistance. INJ demonstrated sharp volatility, rebounding 40% in the past month after a 60% plunge, and currently trades between $8.82 and $15.47. Whale interest in these projects stems from their innovative technologies and perceived market potential despite an overall bearish trend and tepid buyer momentum, as signaled by technical indicators like the RSI. Traders are advised to monitor pivotal support and resistance zones for trade opportunities. If key resistance levels are breached, significant rallies could ensue; if bearishness persists, extended declines are likely. Overall, SUI, SEI, and INJ remain critical altcoins to watch for strategic entries and exits, as large investors anticipate possible growth despite ongoing volatility.
Bearish
Despite heightened interest from whale investors in SUI, SEI, and INJ due to their technological innovations and recent price movements, technical indicators such as weak RSI and persistent downward trends signal a predominantly bearish market sentiment. The substantial declines seen over the past six months for all three tokens—especially SEI—underscore ongoing market weakness. While whales could trigger sharp rallies if key resistance levels are breached, the prevailing momentum suggests continued caution. Unless decisive technical breakouts occur, the near-term outlook remains negative, with traders advised to watch for signs of recovery at critical support or resistance levels.