SUI Price Analysis: Bulls Target $3.49 Resistance Amid Market Volatility

BTCC / BTCC Square / Global Cryptocurrency /

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2025-05-08 02:08:14

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SUI’s price action shows a battle between bullish momentum and selling pressure. After an initial surge, the token stabilized NEAR $3.20, creating a trading range between this support and the $3.45 resistance level.

Trading activity remains strong, with noticeable volume spikes during key price movements. Technical indicators present mixed signals—the RSI stays neutral while MACD’s bullish crossover suggests a potential trend reversal.

The $3.45 level stands as a critical barrier. A clear breakout could confirm bullish strength, while failure to hold $3.18 support may lead to further declines. SUI currently trades at $3.31 with $1.47 billion in 24-hour volume, highlighting its volatile nature.

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