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While the negative atmosphere in the cryptocurrency market continues, Bitcoin is trading at just over $ 54,000 and Ethereum is trading at $ 2,275 according to TradingView data. The downward trend that has been going on for a while in the cryptocurrency market also reflects the negative atmosphere in world markets. SUI manages to differentiate itself from the market with its strong stance despite the decline in the crypto market. What is the latest situation in SUI? SUI technical analysis is with you.
SUI Technical Analysis
SUI stands out as one of the cryptocurrencies that stand strong against the decline in the AI field. According to TradingView data, it stands out in the downward market with an increase of more than 6 percent in the last 24 hours.
SUI is currently trading at $ 0.95. The interest in cryptocurrencies in the AI field increased with the developments in 2024, and this caused an increase in cryptocurrencies in this field. The support area to be considered in SUI is the $ 0.9 area, while the resistance is the $ 1 area.
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A possible rise in the market, and based on the fact that SUI remains strong despite these declines during the recovery period, it seems quite possible that it will exceed the $1 and then $1.2 region in the coming period.
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