SUI spot check
$SUI is trading around $0.82, down ~1.4% on the day. Day range: $0.81 - $0.85.
The L1 is still under pressure: -12% this week, -21% this month, and -44% year to date. Market cap ~$3.4B, rank #29, with a solid ~$262M in 24h spot volume — buyers haven't walked away, they're just waiting for a cheaper entry.
Key levels:
Support: $0.81, then $0.80
Resistance: $0.85, then $0.87
A hold above $0.81 keeps the door open for a bounce toward $0.85. Lose $0.80 and the next stop is lower. $BTC is holding ~$73.7K, so SUI's move will likely follow Bitcoin's lead.
Verdict: weak short-term, but $0.81 is the line to watch.
Not financial advice. DYOR.
#Sui #Crypto #Altcoins
$SUI is trading around $0.82, down ~1.4% on the day. Day range: $0.81 - $0.85.
The L1 is still under pressure: -12% this week, -21% this month, and -44% year to date. Market cap ~$3.4B, rank #29, with a solid ~$262M in 24h spot volume — buyers haven't walked away, they're just waiting for a cheaper entry.
Key levels:
Support: $0.81, then $0.80
Resistance: $0.85, then $0.87
A hold above $0.81 keeps the door open for a bounce toward $0.85. Lose $0.80 and the next stop is lower. $BTC is holding ~$73.7K, so SUI's move will likely follow Bitcoin's lead.
Verdict: weak short-term, but $0.81 is the line to watch.
Not financial advice. DYOR.
#Sui #Crypto #Altcoins