$SUI June 7, 2025, Sui (SUI) is trading at $3.28 USD, reflecting a 10.07% increase from the previous close. The intraday high reached $3.29, while the low dipped to $2.98.
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š Short-Term Outlook
Sui's price has recently fallen below the $3.20 mark, influenced by broader market trends and specific factors affecting SUI. Despite this decline, the price has shown resilience, bouncing back from the day's low. Analysts suggest that a breakout above the $3.42 resistance could signal a continuation of the upward trend.
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š Medium-Term Projections
Analysts project a potential rise to $3.40 by mid-June 2025, indicating a 3.66% increase from current levels. However, the market sentiment remains cautious, with the Fear & Greed Index at 28, signaling "Fear" among investors.
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š Key Support and Resistance Levels
Support: $2.98
Resistance: $3.29
A break below $2.98 could lead to further declines, while a move above $3.29 might indicate a reversal to the upside.
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š§ Market Sentiment
The current market sentiment for Sui is bearish, with technical indicators predominantly signaling "SELL". The Fear & Greed Index is at 28, indicating "Fear", suggesting caution among investors.
