Sui (SUI), which has recently come to the fore with fud news, will have reached the bottom price in Binance if it loses 1 percent value.
SUI, which gained a lot of attention while being driven into the crypto ecosystem, was recently discredited due to problems in the OKX campaign. Triggered by the problems in OKX, SUI has lost value day by day, reaching its lowest level in Binance. Since it is a new project, SUI, which has not yet settled, can create new bottoms as long as it does not get a reaction from the support level.
Sui (SUI) Graphic Analysis
SUI, which is gradually approaching the bottom price on Binance, is currently trading at $ 0.947. If SUI drops by 1.16 percent, it will have hit its lowest level on Binance. The fact that the project was newly listed on the exchanges does not provide detailed information about the chart. Therefore, the failure of the $0.936 support could trigger a possible collapse for SUI. In addition, the problems in the SUI campaign organized by OKX continue to affect the price negatively.
Factors such as the market’s coming to the fore with positive news and the work of technical analysis in SUI can push the price of SUI to higher levels. The resistance levels to watch for SUI are $1,018 – $1.106 – 1,214 – 1,280 – $1,403 and $1,431 respectively. SUI, which is just above a risky support level for now, is followed by many investors.