SUI Price Attempts Recovery Amid Market Volatility
- SUI’s price climbed above the $2.80 mark, indicating potential recovery.
- The cryptocurrency faced resistance at the 50% Fibonacci retracement level of $3.079.
- SUI is trading below the 100-day Simple Moving Average (SMA).
- Key resistance levels include the $3.5 zone and a bearish trendline.
- Moving Average Convergence Divergence (MACD) shows early signs of a bullish crossover.
SUI’s recent climb above $2.80 suggests potential bullish momentum, but challenges remain with resistance at $3.079 and trading below key technical indicators like the 100-day SMA.
Source (2.6)https://www.newsbtc.com/sui/sui-uptick-sparks-hope/?rand=52377
