$SUI As of June 14, 2025, Sui (SUI) is trading at $3.04 USD, reflecting a 0.33% increase from the previous close. The intraday high reached $3.07, while the low was $2.97.
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📉 Short-Term Outlook
Sui experienced a significant decline earlier this week, dropping nearly 13% to a low of $2.95 before stabilizing above the $3.00 level. This sharp sell-off was triggered after the token broke below the $3.20 support level, leading to panic selling and stop-loss cascades. However, the price has since rebounded, indicating potential support around the $3.00 mark.
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📈 Medium-Term Outlook
Analysts suggest that Sui is showing signs of resilience after dipping to a low of $2.94 in the past 24 hours. The digital asset rebounded and is now holding firmly above the $3 level. Additionally, the formation of a bullish cross and growing ETF interest could provide momentum for a potential breakout.
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🔍 Key Factors to Watch
Support Levels: Key support is observed at the $3.00 level. A sustained hold above this level could signal a potential upward movement.
Resistance Levels: Resistance is noted near $3.50. A breakout above this level could lead to further gains.
Market Sentiment: The broader cryptocurrency market's performance can significantly impact Sui's price movements.
Institutional Interest: Growing institutional interest and developments in the DeFi space could influence Sui's price trajectory.
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