Crypto:
36635
Bitcoin:
$92.461
% 0.98
BTC Dominance:
%58.7
% 0.13
Market Cap:
$3.14 T
% 1.16
Fear & Greed:
28 / 100
Bitcoin:
$ 92.461
BTC Dominance:
% 58.7
Market Cap:
$3.14 T

SUI At A Critical Support Zone: Is A Drop Imminent?

Sui Network

SUI is currently trading at a highly sensitive level of $3.21, which is considered a critical support zone. If this level is lost, the price may retreat to the support range between $2.84 – $2.70 in the short term.


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According to technical analysis, a breakdown below this zone could trigger a deeper correction. This area has historically acted as a strong demand zone, and investor interest may intensify once again. However, the current weakness indicates that downward pressure still dominates.

SUI
SUI/USDT pair daily chart.

Strong Upside Rebound Also Possible

On the other hand, if SUI receives a strong bullish reaction from the current region, a sharp move toward the $3.83 resistance level could be on the table.

Should the price break through this resistance, higher targets may be pursued in the medium term. For this scenario to play out, an increase in trading volume and a rise in overall market risk appetite are required.

Clearly defining support and resistance zones is crucial for investors when building entry and exit strategies in volatile altcoin markets.


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