Digital Currency

Add as a preferred source on Google

Sui Charts Mark $0.8477 as Initial Support After 0.65% Drop

SUI fell 0.65% over 24 hours as the wider crypto market rose 1.16%; a separate analysis identifies $0.866 as a possible wave (4) support point.

Updated 1 min read
A technical price chart marks Sui support and conditional recovery levels in the cryptocurrency market. / EconoTimes.ai
A technical price chart marks Sui support and conditional recovery levels in the cryptocurrency market. / EconoTimes.ai

Sui traded at $0.917 on Oct. 25 as technical chart readings set out support and conditional recovery markers, outlining levels used to frame possible next moves after a 0.65% 24-hour decline.

The wider crypto market rose 1.16% over the same period. One chart framework marks $0.8477 as the first support reference. A move below that point would make $0.6508 the lower chart reference.

A separate Elliott Wave analysis places $0.866 at the 61.8% Fibonacci retracement and identifies it as a possible support point for wave (4). That marker is slightly above $0.8477, and the wave scenario depends on later price action.

The recovery setup assigns significance to $1.3331 only after SUI clears descending resistance. It shows $2.0210 as a subsequent marker if SUI gets back above $1.3331 and sustains it as support. These are conditional chart scenarios; they do not establish that a reversal has occurred.

Related articles

View all