Current situation (today – August 19, 2025)$SUI :-
• The current price is stabilizing around $3.57, with a slight decline during the day but within a limited range.
• Trading volume has increased significantly, reflecting notable interaction among traders.
• This increase in trading volume comes amid a withdrawal from the rise and stabilization around resistance levels at ~$3.5–$3.6.
Analytical readings:
• Daily analysis: The price decreased by 5.11% from the ~$4 barrier, indicating a decline in upward momentum.
• In the near term (a few days): Some analysts are observing a bearish scenario that could push the price towards ~$2.90 in the coming days, with a decline of about 18%.
• On the other hand, there are signs of market stabilization: news of the launch of the first Treasury for SUI, which could attract future institutional liquidity and provide potential support for a rise towards $5 if the price moves above the $3.5 support.
• Additionally, institutional partnerships such as with Sygnum Bank, along with the ETF offering process, led to mixed signals, as it did not prevent the price from declining today.
Forecast until tomorrow (August 20, 2025)$SUI :-
• Conservative scenario: Continued stable trading between ~$3.5 and ~$3.6, without clear movement.
• Bearish scenario: If selling pressure continues, the price could drop towards ~$3.0 or lower based on technical forecasts.
• Potential bullish scenario: A rebound towards ~$4 is possible if the price responds to support at ~$3.5, supported by positive institutional news or increased demand.
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