Sui (SUI) experienced a volatile trading session, initially surging by 10% before falling below the critical support level of $2.07. Despite a weekly gain of 0.45%, the cryptocurrency saw a daily decline of 3.36%. Technical indicators present mixed signals, with the Relative Strength Index (RSI) at 42.07 and positive MACD bars, although the MACD line remains below the signal line.
Market analysts indicate that if SUI's closing price dips below $2.00, it could test the support range between $1.85 and $2.00. However, maintaining this level might enable bulls to drive the price upwards to $2.16 and potentially $2.37 within the next 5 to 7 trading days.
SUI Price Fluctuates, Testing Key Support Levels
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