**𝗦𝗨𝗜 𝗖𝗼𝗶𝗻 𝗥𝗲𝗰𝗼𝘃𝗲𝗿𝘆 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀! 📈**

$SUI /USDT is trading at $3.2651 on Binance, marking a 3.97% increase today with a 24-hour range between $3.3133 and $3.1162! 📊 The 1-day chart shows a recent uptick of 0.60%, with SUI rebounding from a mid-May dip below $3.00, where it found support around $2.90. 💹 Trading volume is solid at 130.68M USDT and 40.51M SUI, while the Volume SMA at 6.283M reflects steady market activity without significant volatility spikes, suggesting a controlled recovery phase. 📉

**Technical Insights**

The candlestick pattern indicates a series of green bars following the mid-May low, with SUI breaking above the $3.20 resistance level in the last 24 hours. Key support is now forming around $3.10, aligning with the recent 24-hour low of $3.1162. 💪 If SUI maintains its upward momentum, the next resistance at $3.50, a psychological and historical level from early May, could be tested soon. However, a failure to hold above $3.10 might see a pullback toward $3.00, where the 50-day SMA provides additional support. 📈

**Market Sentiment**

SUI, the native token of the Sui blockchain—a layer-1 platform focused on scalability and low-latency transactions—appears to be benefiting from renewed interest in its ecosystem. Recent X posts highlight growing optimism, with some users pointing to increased developer activity and new DeFi projects launching on Sui as potential catalysts for this rally. 📡 Others caution about broader market dynamics, noting that Bitcoin’s consolidation around $109K and Ethereum’s stability at $2,570.20 could either support or pressure altcoins like SUI. The steady volume and upward trend suggest accumulation, but traders should watch for any sudden shifts in sentiment. ⚠️ On June 1, 2025, keep an eye on the $3.50 resistance and volume trends for confirmation of the next move! 👀

#SUİ #SUPER/USDT #supportandresistance #MarketPullback #BinanceHODLerSOPH