SUI Battles in Range Below $4.2400 Key Level

Price Analysis – SUI Struggle to Gain Stance

SUIUSD is battling within a range-bound market below the $4.2400 key level, with sellers maintaining a firm grip on the price direction. Despite the bulls’ earlier attempts to push higher, they have faced resistance as sellers remain inclined to pull the market lower.

SUIUSD Key Levels

Support Levels: $3.8000, $3.2000
Resistance Levels: $4.2000, $4.2400

SUIUSD Long Term Trend: Bearish (Daily Chart)

Earlier this month, buyers exhibited strong optimism, driving the price upward from the $3.2000 key level to as high as $4.2000. However, bullish momentum has since weakened, and the market is now in a choppy state. Currently the market is struggling to find direction below the $4.2000 significant zone. SUIUSD’s price action is currently range-bound, with sellers holding the upper hand as the market consolidates below $4.2400.

The RSI indicates that sellers are lingering with the intent to push lower, while the Momentum indicator confirms a decline in buying strength. If sellers gain more control, the price could drop toward the $3.8000 support level, with $3.2000 acting as a critical lower boundary. For buyers to regain control, they will need to break above the $4.2000 resistance zone and sustain momentum toward $4.2400.

Without this, the market is likely to remain under bearish pressure. The outlook for Sui Token leans bearish in the short term as buyers struggle to regain momentum. A break below the $3.8000 support level could signal further downside, while a recovery above $4.2000 would be necessary to shift the market back into bullish favor.

SUIUSD Short-Term Trend: Bearish (4-Hour Chart)

On the short-term chart, SUIUSD reflects increasing selling pressure, with the RSI signaling bearish momentum. The Momentum indicator also shows a decline, confirming that buyers are struggling to regain control.

The immediate focus for sellers will be to push the price below $3.8000, while buyers will need to regroup and defend this level to avoid further losses. A breakout above $4.2000 would signal a potential reversal, but current market conditions suggest that sellers maintain the upper hand for now.

Make money without lifting your fingers: Start using a world-class auto trading solution 

Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.