TLDR:
- SUI deals during 20-day SMA with MACD showing mounting momentum.
- Analysts quotes a raised installation if SUI has the $ 3.30 support.
- Volume suggests possible accumulation despite short -term price weakness.
- SUI’s basic support increases confidence in long -term ecosystem strength.
Sui has taken A hit together with the wider crypto market today. The token is shopping for $ 3.47 with significant sales printing on the market.
The layer 1 Blockchain token experienced a sharp decline of 6.07% when Baisärdarent Momentum intensified over digital assets. Technical indicators are now painting a mixed image for the immediate future of altcoin.
Market volatility has reached elevated levels when traders reconsider their positions. Despite the correction, several crypto analysts maintain optimistic views based on diagram patterns and support levels.
SUI price action shows technical weakness
The current SUI price movement has driven the token during its 20-day simple variable average, which signals weakening Hausse feel.
Bollinger bands have been widened around the price measure, which indicates increased market vollatility and uncertainty. The relative strength index is at 40.67 and floats just above the monitoring of territory but proposes reduced purchase interest among investors.
MACD indicators have crossed below the signal line with a growing negative histogram, which confirms reinforcing Baisseart. If SUI fails to maintain support over the $ 3.30 level, the further disadvantage can target the psychological $ 3.00 brand.
The volume remains moderate without strong reversal signals that come from the current price measure.
Cryptocurrency trader seven from altcryptogems It emphasized it Sui’s correction represents consolidation within a clear upwards rather than a complete division.
The analyst pointed to a critical green support zone that could determine the next direction of the token. Maintaining this support level would hold higher price goals that can be achieved according to the technical assessment.
Cryptoed noted it SUI screens One of the strongest diagram patterns in the current market environment.
🚨 One of the strongest charts on the market right now: $ Sui 📈$ Sui The price broke out of a long -term trend, twisted the key resistance to support and is now consolidated in a haussearted continuation pattern. Volume confirms accumulation.
Stochastic RSI is the bottom. RSI is … pic.twitter.com/ghmdx358no
– Cryptoed (@Crypto_ed7) May 30, 2025
The trader emphasized how the SUI price broke out of a long-term departure and successfully turned the key resistance to support. Volume patterns suggest that accumulation takes place during the current consolidation phase.
Community Foundation strengthens the market’s trust
Momin Saqib recognized the challenges of the market structure but praised Sui The basic ecosystem stability.
The foundation team has shown strong support for developers and builders in the network. This support has improved society’s confidence and can provide underlying strength during market corrections.
The analyst estimates that additional disadvantages due to broader market conditions but remain positioned to add exposure to specific technical levels.
$ Sui Ecosystems are starting to look stable here in the ground
The foundation team has shown tremendous support for builders who further strengthen society’s confidence!
Expect a little disadvantage here due to market structures!
But I am soon tenderer at the levels that are highlighted! pic.twitter.com/axbbkbea2s
– Moof (@moluman) May 30, 2025
Basic support for ecosystem development continues to attract long -term focused participants. Strategic purchasing opportunities can emerge if the SUI price reaches highlighted support zones.
Several analysts are projecting the SUI price can target $ 4.50 and eventually $ 5.00 if current support levels hold. Stocastic RSI indicators show bottom patterns while traditional RSI begins to turn upwards from surveillance conditions. These Momentum shift can signal the beginning of the next upward movement.