BTCC
/
BTCC Square
/
Global Cryptocurrency
/
SUI Shows Bullish Signals as Technical Analysis Points to Breakout from Critical Support
SUI Shows Bullish Signals as Technical Analysis Points to Breakout from Critical Support
9
1
[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
SUI, the native token of the sui blockchain, has entered a pivotal price zone, capturing traders' attention as technical indicators hint at a potential breakout. Currently trading at $3.54 with a 3% gain over the past 24 hours, the token's 33% surge in trading volume underscores increasing buyer interest at this crucial level.
Market analysts point to a rare alignment of structural support and the Volume Weighted Average Price (VWAP) NEAR $3.50—a combination that frequently precedes upward price movements. CryptoPulse, a noted technical analyst, highlights the convergence of VWAP with historical support as a robust foundation for recovery, noting that the volume-weighted metric reflects growing institutional interest.
By:
