SUI Crypto Eyes $2.50, Will The $2.26 Support Hold?
The post SUI Crypto Eyes $2.50, Will The $2.26 Support Hold? appeared on BitcoinEthereumNews.com.
Recent data shows that Sui (SUI) crypto is above its most important price support points. SUI maintains positions above $2.26, which experts agree supports its positive price trend. This shows market confidence in SUI, as its value remains strong at the $2.27 threshold. Sui Crypto Price Still Tumbling Recent market data shows SUI trading at $2.27, while its value rose by 0.8% since yesterday. During this period, the price of SUI showed minor price changes, staying at $2.26. SUI’s present price action examines the $2.26 support area. The area has functioned as a stable foundation for the coin. Market bullishness will need sustained price performance above $2.26 because this represents the next significant barrier for upward movement until traders target $2.50. A sustained hold at SUI’s current position above $2.26 may open potential opportunities for breaking through the $2.50 price resistance. According to experts, SUI is showing a potential trend reversal. This is after the token saw a deep retracement from its previous highs. According to the experts, the price is currently holding above a significant support zone, which aligns with the current notion. The area previously acted as resistance and is now flipping into support. 3-Day Charts Show Bullish Possibilities for SUI Crypto Three-day price charts demonstrate an upward movement after SUI exceeded its previous downtrend cycle. The price formed descending triangles through multiple lower highs between May 2024 and early 2025. The established patterns led to present-day upward movement after their breakdown. The price continues to test the $2.26 support while maintaining positions above it. This is before moving upward for another attempt at reaching the $2.50 resistance area if current support continues to hold. 3-day SUIUSDT Chart | Source: TradingView Charts also show SUI’s recent price action within a bullish channel. The channel shows continuous growth with…
Filed under: News - @ March 24, 2025 6:27 pm