Sui’s bullish weekly structure shows weakened buying pressure, with a recent daily trading volume of 2.1 billion USD, reflecting a 66% increase. The token gained 12.55% over 24 hours.
Fibonacci retracement levels indicate strong support at 2.43 USD, retested recently. However, persistent selling pressure based on A/D indicators suggests a cautious outlook.
Two key support levels are established at 2.08 USD and 1.71 USD, with a potential retest of 2.08 USD critical for Sui’s recovery. Its performance may hinge on Bitcoin maintaining above 100,000 USD.
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