Resistance

Reversal

Coin

<ul class="news-points"> 
 <li>SUI price fluctuates in a tight range as bulls-eye $0.650 resistance.</li> 
 <li>Rising trading volume hints at SUI market momentum.</li> 
 <li>Caution is urged as SUI/USD indicators show signs of overbuying.</li> 
</ul> 
Despite early negative momentum that lowered the <a href="https://coinedition.com/tag/sui-sui/" rel="noopener noreferrer nofollow">Sui (SUI)</a> price to an intra-day low of $0.5673, bullish momentum took over and drove the SUI price to a high of $0.6185. At press time, the SUI price was $0.5907, indicating volatility as it continues to vary within a narrow range. 
If bulls push beyond $0.6185, the next resistance level might be $0.6500. However, if the SUI price cannot push over the resistance level, a retracement to the $0.5700 support level is possible. 
Sui’s market capitalization and 24-hour trading volume climbed by 2.86% and 7.15%, to $427,202,216 and $299,517,325, respectively, increasing investor interest and activity in the SUI market. This increase in trading volume shows that there may be an increasing number of buyers and sellers in the market, potentially leading to broader price swings and trading possibilities. 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full"> 
 <img decoding="async" width="698" height="540" src="https://coinedition.com/wp-content/uploads/2023/08/Sui-1.png" alt="" class="wp-image-331365" srcset="https://coinedition.com/wp-content/uploads/2023/08/Sui-1.png 698w, https://coinedition.com/wp-content/uploads/2023/08/Sui-1-300x232.png 300w, https://coinedition.com/wp-content/uploads/2023/08/Sui-1-226x175.png 226w, https://coinedition.com/wp-content/uploads/2023/08/Sui-1-380x294.png 380w, https://coinedition.com/wp-content/uploads/2023/08/Sui-1-507x392.png 507w, https://coinedition.com/wp-content/uploads/2023/08/Sui-1-90x70.png 90w, https://coinedition.com/wp-content/uploads/2023/08/Sui-1-115x89.png 115w, https://coinedition.com/wp-content/uploads/2023/08/Sui-1-185x143.png 185w, https://coinedition.com/wp-content/uploads/2023/08/Sui-1-575x445.png 575w, https://coinedition.com/wp-content/uploads/2023/08/Sui-1-319x247.png 319w, https://coinedition.com/wp-content/uploads/2023/08/Sui-1-310x240.png 310w, https://coinedition.com/wp-content/uploads/2023/08/Sui-1-213x165.png 213w, https://coinedition.com/wp-content/uploads/2023/08/Sui-1-273x211.png 273w, https://coinedition.com/wp-content/uploads/2023/08/Sui-1-239x185.png 239w, https://coinedition.com/wp-content/uploads/2023/08/Sui-1-105x81.png 105w, https://coinedition.com/wp-content/uploads/2023/08/Sui-1-97x75.png 97w" sizes="(max-width: 698px) 100vw, 698px"> 
 <figcaption class="wp-element-caption"> SUI/USD 24-hour price chart (source: <a href="https://coinmarketcap.com/currencies/sui/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a>) 
 </figcaption> 
 </figure> 
</div> 
The stochastic… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/sui-price-faces-resistance-as-potential-reversal-looms/">SUI Price Faces Resistance as Potential Reversal Looms</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

SUI Price Faces Resistance as Potential Reversal Looms

Coin Edition

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