SUI Price at Crossroads: Bulls and Bears Clash as Technical Signals Remain Mixed
Sui (SUI) is currently trading at $3.84, showing a 1.38% increase over the past 24 hours after finding solid support around $3.75. This stabilization comes after a period of significant volatility, with on-chain data highlighting strong accumulation activity at the $3.755 level—where trading volume surged 45% above the daily average.
Market analysts are split on SUI’s next move. The Relative Strength Index (RSI) sits at 41.47, indicating modest bullish momentum, while chart patterns suggest consolidation above $3.775. Traders are eyeing a potential breakout above $4.20, though the lingering bearish structure warns of a possible pullback to $3.50. The upcoming trading sessions will be critical as SUI’s price action tests key technical levels.
