SUI support level Archives - Coin Engineer https://coinengineer.net/blog/tag/sui-support-level/ Btc, Coins, Pre-Sale, DeFi, NFT Thu, 22 May 2025 21:16:46 +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 SUI support level Archives - Coin Engineer https://coinengineer.net/blog/tag/sui-support-level/ 32 32 SUI Price Plunges After Cetus Hack, All Eyes On Key Support https://coinengineer.net/blog/sui-price-plunges-after-cetus-hack-all-eyes-on-key-support/ https://coinengineer.net/blog/sui-price-plunges-after-cetus-hack-all-eyes-on-key-support/#respond Thu, 22 May 2025 13:30:14 +0000 https://coinengineer.net/blog/?p=42980 After a relatively calm period, the crypto market is once again shaken — this time by a hack targeting Cetus Protocol. The incident has sent shockwaves through the SUI price chart, reminding investors how fragile support levels can be in volatile markets. Cetus Protocol Breach Pressures SUI: $4.01 Support In Jeopardy Following the news of

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]]> After a relatively calm period, the crypto market is once again shaken — this time by a hack targeting Cetus Protocol. The incident has sent shockwaves through the SUI price chart, reminding investors how fragile support levels can be in volatile markets.

Cetus Protocol Breach Pressures SUI: $4.01 Support In Jeopardy

Following the news of the security breach, SUI witnessed sharp selling pressure and is currently attempting to hold above the crucial $4.01 support. Analysts warn that if this level is lost on a 4-hour close, the price may retreat further to the $3.83 support.

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Increased trading volume in recent hours signals that this level is under heavy scrutiny. A confirmed breakdown could open the door to further downside pressure.

Recovery Scenario: Targeting A Move Toward $4.20

Still, if $4.01 holds and buyers regain control, a short-term rebound is possible. In such a case, a recovery move toward $4.20 is likely. Technical indicators suggest an increased probability of testing this level again if support remains intact.

SUI
SUI/USDT pair 4-hour chart.

The coming hours could prove pivotal for SUI, as traders await confirmation of either a breakdown or a bounce from support.

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]]> https://coinengineer.net/blog/sui-price-plunges-after-cetus-hack-all-eyes-on-key-support/feed/ 0 SUI At A Critical Support Zone: Is A Drop Imminent? https://coinengineer.net/blog/sui-at-a-critical-support-zone-is-a-drop-imminent/ https://coinengineer.net/blog/sui-at-a-critical-support-zone-is-a-drop-imminent/#respond Sun, 04 May 2025 18:00:47 +0000 https://coinengineer.net/blog/?p=41577 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. You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin! According

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]]> 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.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

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