SUI's price fell 9% to $3.34, testing a crucial ascending trendline from April 2025. Traders are monitoring the $2.80 support and $4.33 resistance levels, with the price near the lower Bollinger Band. Despite the dip, Sui Network reported robust fundamentals, achieving 1,632 transactions per second and $143 billion in DEX volume. However, market sentiment remains fragile, with $30.99 million in short liquidations overshadowing $3.66 million in long liquidations.
SUI Falls 9% as Traders Eye Key Support and Resistance Levels
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