Why SUI Price May Continue Falling in the Coming Days

With the market in a state of uncertainty, the price of SUI may unfortunately continue to decline in the coming days. Stay informed for potential opportunities in the volatile market.

Written by Gaston Cuny

Translated on June 4, 2025 at 17:29 by Sarah

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SUI Facing Critical Resistance

Despite recent network growth indications, SUI is encountering strong resistance around $3.45, accumulating bearish technical signals. Investors eagerly await clarification of the trend as the crypto struggles to overcome this key level.

Technical indicators analysis supports a bearish scenario for SUI, with an imminent negative crossover of the 100 and 200-day moving averages. The RSI is also struggling to cross the mid-level, revealing fragile bullish momentum despite the modest gains recently recorded.

A decisive breakthrough of the crucial support of $3.03 could trigger a deeper correction towards the 50% Fibonacci level at $2.71. Conversely, surpassing the $3.45 resistance would be a positive signal, opening the way for a test of the $4.20 resistance.

Uncertain Market Dynamics

SUI derivative markets indicate a mixed sentiment among traders, who are taking a cautious approach rather than aggressively betting on short-term movements. Long and short positions have almost balanced out, highlighting a lack of clear conviction regarding the future price direction.

Overall, technical signals and derivative market analysis suggest that SUI is facing major technical challenges. Investors must remain vigilant and closely monitor upcoming developments before taking a position. A decisive break in either direction will be necessary to clarify the medium-term trend.

Buy SUI on Bitget !

Gaston Cuny

Gaston has been a writer for over 7 years and a passionate cryptocurrency enthusiast since 2020. He loves exploring the crypto ecosystem and is now dedicated to sharing his insights and discoveries through InvestX.

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This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose.

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