📈 Analysis and forecast for $SUI : further prospects? 🚀
As of June 7, 2025, 11:00 EEST, the price of $SUI on Binance is $3.2841, with an increase of 8.72% over the past 24 hours. The trading volume for the day is around $957M, and the market capitalization is $10.82B (with a circulating supply of 3.4B tokens). The rise is associated with interest in Layer-1 blockchains and the activity of the Sui network.
Technically, $SUI demonstrates bullish momentum. On the 4-hour chart, the 50-day SMA is rising, while the 200-day SMA is stabilizing, indicating an upward trend. The RSI (14) around 61 signals a neutral zone, while the MACD confirms bullish movement. Key resistance is $3.47; a breakout above may push the price to $3.73. A drop below $3.18 would increase pressure to $3.00.
Forecast: by the end of June, SUI could reach $3.47–$3.73 if volumes are maintained. By July 2025, a pullback to $3.18 is possible if the market corrects. By the end of the year, the target is $4.31–$13.71 (according to long-term forecasts), provided the ecosystem grows. Long-term potential for 2026 is $5.35+, if the project strengthens its position. Fundamentally, $SUI attracts investors due to Move programming and scalability, but volatility is a risk.
Further prospects? The price of $3.2841 is close to resistance at $3.47, and the RSI at 61 indicates possible consolidation. A rise of 8.72% in 24 hours — a signal to take profits at $3.47–$3.73. Set a stop-loss at $3.00. Posts on X indicate a bullish sentiment but advise monitoring the volumes. Trade cautiously and keep an eye on the news! #SUI #Binance #CryptoAnalysis
