correction phase Archives - Coin Engineer https://coinengineer.net/blog/tag/correction-phase/ Btc, Coins, Pre-Sale, DeFi, NFT Mon, 26 May 2025 14:09:29 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png correction phase Archives - Coin Engineer https://coinengineer.net/blog/tag/correction-phase/ 32 32 SUI at a Crossroads: Rebound or Breakdown? https://coinengineer.net/blog/sui-at-a-crossroads-rebound-or-breakdown/ https://coinengineer.net/blog/sui-at-a-crossroads-rebound-or-breakdown/#respond Mon, 26 May 2025 15:30:43 +0000 https://coinengineer.net/blog/?p=43179 As crypto markets continue to move on shaky ground, certain altcoins are standing out with their sharp short-term price movements. SUI has recently emerged as one of these assets, catching investor attention with its response to key technical levels. How price behaves near support and resistance zones may directly influence trader sentiment and strategy. 3.57$

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]]> As crypto markets continue to move on shaky ground, certain altcoins are standing out with their sharp short-term price movements. SUI has recently emerged as one of these assets, catching investor attention with its response to key technical levels.

How price behaves near support and resistance zones may directly influence trader sentiment and strategy.

3.57$ Support Reclaimed

After losing the 3.57$ support, SUI dipped to as low as 3.41$. However, the drop was short-lived. The price quickly recovered and managed to reclaim the support zone, now hovering around the 3.57$ mark once again.

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If this level holds, a potential move toward the 3.83$ resistance remains on the table. The technical outlook supports the possibility of further upside if buying momentum continues.

Break Below Could Trigger Deeper Pullback

On the flip side, should SUI fail to maintain the 3.57$ support, a deeper correction may be in store. This would likely increase selling pressure and result in a bearish short-term structure.

SUI
SUI/USDT pair 4-hour chart.

Traders are advised to closely monitor both the support zone and any attempt to break through the resistance above.

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