SUI Price Prediction June 04 2025: Can Bulls Sustain the Recovery From $3.10 Amid Trendline Pressure?
After facing heavy selloffs last week, SUI price today is attempting to stabilize above the $3.30 level. As of the latest 30-minute candle, SUI price is trading near $3.32, recovering modestly from a recent dip toward $3.10. The asset has now entered a key compression zone that could determine whether bulls regain strength or if sellers reclaim control heading into midweek.
What’s Happening With SUI’s Price?
The SUI price update reflects a sideways structure with a slight bullish tilt following a bounce off the $3.10 demand zone. The 4-hour chart reveals an active descending wedge breakout structure, which remains incomplete as price action tests the upper edge near $3.32–$3.36. However, the recovery is facing friction from multiple EMA resistances stacked tightly just above the current zone, notably the 50 and 100 EMAs at $3.41 and $3.52 respectively.
Moreover, the 0.382 Fibonacci level from the April–May impulse sits right at $3.31, making it a pivotal retracement anchor. A decisive close above this zone could open the path toward $3.56, but rejection here would reinfor…
The post SUI Price Prediction June 04 2025: Can Bulls Sustain the Recovery From $3.10 Amid Trendline Pressure? appeared first on Coin Edition.
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SUI Price Prediction June 04 2025: Can Bulls Sustain the Recovery From $3.10 Amid Trendline Pressure?
After facing heavy selloffs last week, SUI price today is attempting to stabilize above the $3.30 level. As of the latest 30-minute candle, SUI price is trading near $3.32, recovering modestly from a recent dip toward $3.10. The asset has now entered a key compression zone that could determine whether bulls regain strength or if sellers reclaim control heading into midweek.
What’s Happening With SUI’s Price?
The SUI price update reflects a sideways structure with a slight bullish tilt following a bounce off the $3.10 demand zone. The 4-hour chart reveals an active descending wedge breakout structure, which remains incomplete as price action tests the upper edge near $3.32–$3.36. However, the recovery is facing friction from multiple EMA resistances stacked tightly just above the current zone, notably the 50 and 100 EMAs at $3.41 and $3.52 respectively.
Moreover, the 0.382 Fibonacci level from the April–May impulse sits right at $3.31, making it a pivotal retracement anchor. A decisive close above this zone could open the path toward $3.56, but rejection here would reinfor…
The post SUI Price Prediction June 04 2025: Can Bulls Sustain the Recovery From $3.10 Amid Trendline Pressure? appeared first on Coin Edition.
Читать больше
Toncoin (TON) Price Prediction for June 2025: Will the Bullish Reversal Hold Above $3.20?