Crypto:
33147
Bitcoin:
$101.913
% 3.86
BTC Dominance:
%55.7
% 0.13
Market Cap:
$3.49 T
% 0.57
Fear & Greed:
72 / 100
Bitcoin:
$ 101.913
BTC Dominance:
% 55.7
Market Cap:
$3.49 T

SUI Price Hits ATH: Will the Uptrend Continue? Latest Analysis

Sui

SUI has reached an all-time high (ATH) with its recent rally, gaining strong momentum.

SUI Latest Analysis

Sui

SUI has successfully reached an all-time high (ATH) with its recent rally. This is a very positive sign for investors and shows that SUI has gained strong momentum. As of now, a close above the 4.80 level has been achieved, which means a significant resistance level has been broken.

The 4.80 level has become a critical support level for SUI to continue its upward movement. Staying above this level will provide a strong foundation for further price increase. However, falling below this level could cause the price to retrace to lower levels, such as 4.44.

If the price falls below 4.80, the likelihood of a pullback to the 4.44 level increases. At this point, it is important for investors to be cautious and monitor whether the 4.80 level can be maintained.

On the other hand, staying above the 4.80 level means SUI could start a new wave of upward movement, which could create buying opportunities for investors. However, technical indicators and volume analysis can also be used to assess how sustainable this level is.

In conclusion, the 4.80 level will be an important test point for SUI’s future. If this level holds, it will be possible to reach higher targets. However, a close below this level could lead to negative price movement in the short term.


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:  Analytics Firm Spotlights These 8 Altcoins

Leave a Reply

Your email address will not be published.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