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SUI Ready For 15% Move Amid Key Level Retest – Breakout Or Breakdown Ahead?

NewsBTC LogoNewsBTC12h ago

SUI Ready For 15% Move Amid Key Level Retest – Breakout Or Breakdown Ahead? - NewsBTC

Quick Summary:

New ATH Coming In No Time’ If This Resistance Breaks Meanwhile, market watcher Pushpendra Singh highlighted SUI’s current level as a "strong buying zone.” The $2-$2.3 price range served as a key breakout level during the November post-US election pump.

According to the analyst, the 15% move’s direction will be determined by a close above the resistance line, which would send the price to the $2.80 price range, or a close below the support level, which could see the cryptocurrency plunge to $1.90.

In an X post, he highlighted a one-week ascending triangle pattern forming in SUI’s chart, with the ascending support line currently at the $2.26 mark and $2.40 set as a crucial resistance level.

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SUI Ready For 15% Move Amid Key Level Retest – Breakout Or Breakdown Ahead? - NewsBTC (Picture 1)

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Article Details

Author / Journalist: Rubmar Garcia

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-19 @ 09:00:39 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 516 words

Reading Time: 3 minutes read

Sentences: 77 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 27169512

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 7 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 9 hours ago

Coverage Areas: United Kingdom

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Publication Timezone: GMT +8:00

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Publisher ID: #102

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