1d ago
markets are shaky, but sui’s chart still looks like it’s setting up for something
one solid bounce zone, one critical breakdown level. time to stay sharp, not emotional.
$sui analysis update w/ @EdgenTech
• price: ~$2.53, down ~2.8% in 24h
• short-term trend weak
still below ema20/50/200
• rsi ≈ 36 → not yet oversold, but under pressure
highlights:
tvl just hit a new ath at $2.1b+, with defi & nft growth accelerating
key support around $2.45
if it holds, possible bounce toward $2.75–2.82
dev activity strong, expanding move ecosystem
risks:
break below $2.45 → downside open to ~$2.30
overall altcoin sentiment still soft → possible sell-offs
strategy:
short: wait for reclaim above $2.50, stop below $2.40
long: dca carefully, track unlocks & tvl trend
$sui is sitting at a decision point
hold $2.45 and it’s bounce city; lose it and we retest deeper levels. stay nimble fam
4.1K
134
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.