Bitcoinin ( BTC) is one of the altcoins that recovered the fastest after the decline. Sui( SUI) made its investors happy with its latest price movement.
BTC The altcoin market, which was shaken by the needle’s rise to $ 35,600 in the past hours, started to recover. While BTC settled above $37,000, increases exceeding 10 percent were recorded in many altcoins. It usually comes to the fore with lock openings and downward movements. SUI This time it surprised. SUI, which recovered quickly, increased by 11.09 percent in the last 24 hours. Most A lot AscendantsHe managed to get his name on the list, albeit from the back rows.
Can SUI, which has the wind at its back for now, maintain this momentum? Which price zones should be considered for SUI?
It is moving step by step into the main resistance zone!
After BTC exceeded $ 37,000, SUI gained a little more volume and rose from $ 0.50 to $ 0.59. The popular coin, which found buyers at $ 0.5788 as of the writing of the news, will not test $ 0.68 when it breaks $ 0.6203. If the $0.68 level, which is a critical threshold, is exceeded in volume, a movement towards 0.7168 – 0.7507 – 0.7853 and $0.8245 may occur, respectively.
If lock openings increase the selling pressure, BTC’s bearish movement, or SUI’s failure to price above $0.5751, it will trigger a new selling wave. In such a scenario, declines up to 0.5517 – 0.5109 – 0.4825 and 0.4721 dollars can be followed, respectively. Especially if $0.5109 is lost, sellers can take control and shake the short-medium term price structure.
