SUI Price Drops 50% off Highs but Analyst Finds an “Interesting Support Zone” for Potential Rebound
- SUI has retraced nearly 60% from its all-time high.
- A crypto analyst thinks SUI is on the verge of a reversal.
- The SUI price decline is consistent with prevailing crypto market trends.
SUI’s price has fallen over 50% from its recent peak. Despite this sharp downturn, a prominent cryptocurrency analyst asserts it remains a digital asset with the potential to “continue performing well.”
The analyst explained on social media platform X SUI’s current trend and why he anticipates the cryptocurrency will surge going forward.
“Interesting Support Zone” at $1.60-$2.35: Analyst Eyes Potential SUI Long Entry
Using SUI’s three-day chart, the analyst demonstrated that the cryptocurrency is nearing historical support. This support is formed by a price cluster around its 2024 high. The cluster developed …
The post SUI Price Drops 50% off Highs but Analyst Finds an “Interesting Support Zone” for Potential Rebound appeared first on Coin Edition.
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SUI Price Drops 50% off Highs but Analyst Finds an “Interesting Support Zone” for Potential Rebound
- SUI has retraced nearly 60% from its all-time high.
- A crypto analyst thinks SUI is on the verge of a reversal.
- The SUI price decline is consistent with prevailing crypto market trends.
SUI’s price has fallen over 50% from its recent peak. Despite this sharp downturn, a prominent cryptocurrency analyst asserts it remains a digital asset with the potential to “continue performing well.”
The analyst explained on social media platform X SUI’s current trend and why he anticipates the cryptocurrency will surge going forward.
“Interesting Support Zone” at $1.60-$2.35: Analyst Eyes Potential SUI Long Entry
Using SUI’s three-day chart, the analyst demonstrated that the cryptocurrency is nearing historical support. This support is formed by a price cluster around its 2024 high. The cluster developed …
The post SUI Price Drops 50% off Highs but Analyst Finds an “Interesting Support Zone” for Potential Rebound appeared first on Coin Edition.
Read More
Massive Dip in JTO, TRUMP, TON & CO—Buy the Fear or Run for Cover?