📈 Analysis and forecast for $SUI : Is it time to enter? 🚀
As of May 30, 2025, 13:31 EEST, the rate $SUI on Binance is $3.4685, down 5% in the last 24 hours. The trading volume for the day is around $1.07B, with a market capitalization of $11.44B (with a circulating supply of 3.3B SUI). The decline is related to a correction after a rise: posts on X note consolidation in the range of $3.50–$3.65.
Technically, $SUI in correction phase. On the 4-hour chart, the price approaches support at $3.25, as traders indicate on X, with resistance at $3.75. RSI (14) around 50.38, indicating a neutral state. MACD shows weak bearish momentum. A breakout below $3.25 will increase pressure towards $3.12, while a bounce above $3.60 will push the price towards $3.85.
Forecast: by the end of May, SUI may test $3.25–$3.12. By July 2025, stabilization around $3.50 is possible, but with positive news (e.g., about SuiNS), growth to $5.22 is realistic by the end of the year. The long-term target for 2026 is $7+, if the ecosystem continues to grow. Fundamentally, support from Binance and the unique architecture of Sui (Move language, parallel transactions) strengthen the potential, but volatility is a risk.
Is it time to enter? The price of $3.4685 is close to support at $3.25 — a zone for speculative entry with a target of $3.60–$3.85. Set a stop-loss at $3.12. Keep an eye on volumes and news, especially about partnerships, — the market is unstable! #SUI #Binance #CryptoAnalysis
