Crypto:
34187
Bitcoin:
$86.629
% 1.58
BTC Dominance:
%60.5
% 0.12
Market Cap:
$2.83 T
% 1.36
Fear & Greed:
47 / 100
Bitcoin:
$ 86.629
BTC Dominance:
% 60.5
Market Cap:
$2.83 T

Solana and Sui Technical Outlook: Critical Levels in Play!

Solana

Solana had dropped to the $95 level after losing the $110 support. Currently, it is trying to regain that key $110 level. If the level is reclaimed, the next target would be the $120-$126 region.


You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!


If this area is also broken and confirmed as support, we could see a further move towards $140. On the other hand, if the $110 support is not regained, there is a possibility of a pullback towards the $95 region once again.

Solana
Sol/Usdt Pair Daily Chart.

Sui Technical Analysis

Sui is currently located within a bearish Fair Value Gap (FVG) zone. If we see a sharp rejection from this area, the price may decline back towards the $1.70 – $1.65 region.

On the other hand, if the level is broken and reclaimed with strength, we may see a move towards $2.50.

Sui
Sui/Usdt Pair Daily Chart.

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.

Rate this post
READ:  Stablecoin Supply Won't Drive Bitcoin Markets

Leave a Reply

Your email address will not be published. Required fields are marked *