SUI is located in a crucial technical zone, with developing macroeconomic trends and chain activity gaining momentum. As the macroeconomy develops and chain activity recovers, SUI finds itself in a key technical zone.
After retreating from a new high of $5.25, the price consolidates slightly below $3.50. This level coincides with the volume-weighted average price (VWAP), which acts as short-term resistance.
Recent institutional participation and increasing network activity could provide additional insight into whether this zone will recover in the short term.
