$SUI
🚨 Sui coin Price Analysis 🚨
Sui is having a tough time breaking above the $3.8 mark and is currently hovering around $3.7, gaining over 8% in the last 24 hours. Sellers are doing their best to keep the price below the 20-day moving average; however, buying demand rises.
As the buyer interest rises, it could give Sui a boost. That said, the RSI is sitting at 65, which means Sui is near the overbought territory—often a sign that a price pullback might be coming.
If buyers can keep the momentum going, Sui might break past the $4.27 resistance and head toward $5.35. But if the selling becomes strong and the price drops under the 20-day EMA, Sui could drop back down to the important $3 support level.