After a recent outage, the Sui cryptocurrency has begun to show signs of recovery, indicating a potential upward trend as it targets key resistance levels. The publication provides the following information: Sui's market performance is closely watched by investors looking for opportunities in the crypto space.
Price Movement of Sui
The price of Sui has established a higher-low formation, rebounding from the 135-140 demand zone where buyers effectively absorbed the remaining supply. This positive movement has allowed the price to rise above the 175 anchor, stabilizing around the 180 mark.
Support and Resistance Levels
As long as support remains above 176, analysts suggest that the price could aim for the 200 level as the next significant structural test. Additionally, there are intermediate resistance levels identified at:
- 220
- 260
which could further influence Sui's price trajectory in the coming days.
As Sui shows signs of recovery, ASTER is currently facing significant resistance, prompting traders to monitor its price closely. For more details, see the full article here.
