đȘ SUI Token Analysis â Price & Pattern Update
At present, SUI/USDT is trading near $3.25 đ», reflecting a 3.13% daily dip. The chart shows that SUI recently hit a local high of $3.97 đ but faced heavy selling pressure đ§š, pushing it down toward the $3.23 support zone. The candlesticks đ highlight consecutive red sessions, signaling bearish momentum â ïž.
The Exponential Moving Averages (EMA) tell a clear story:
EMA(7) at $3.42 and EMA(25) at $3.52 both sit above the current price, confirming short-term weakness âŹïž.
EMA(99) around $3.47 also aligns with resistance, showing that bulls need strong volume to break back upward đȘ.
Volume bars đ suggest traders are cautious, with selling dominating after the rally. Still, historical performance looks solid â in the last 1 year, SUI has gained 96% đ, showing strong long-term growth potential.
If the $3.20 level holds â , SUI could consolidate before attempting another breakout toward $3.60â$3.80 đŒ. But a drop below $3.20 might trigger a deeper correction toward $3.00 or even $2.85 đ.
---
đ Category of SUI Token:
SUI is a Layer-1 blockchain token ⥠built for scalability, low fees, and high-speed decentralized applications (dApps) & gaming đźđ. It focuses on fast transactions, smart contracts, and NFTs, making it part of the Next-Gen Layer-1 ecosystem đ.
---
âš Summary:
SUI is in a short-term bearish phase đ» but remains a high-potential Layer-1 project đ. Long-term holders may see this dip as a healthy correction, while short-term traders must watch support at $3.20 closely đ.