The problem that arose in the Sui (SUI) campaign organized by OKX had driven the price of SUI down, can SUI, which has made a splash by finding strength from Bitcoin, continue upwards?
Problems with the SUI campaign on the OKX exchange in the past days had drastically reduced the price of SUI. In fact, SUI, which came below the bottom price in Binance, relaxed up to $ 0.935. SUI, which experienced great enthusiasm at its launch, remained in the background due to stock market problems. But, as Bitcoin (BTC) took a good step into the week, and the studies on the problems on the OKX side, the reaction spikes began in SUI. But can these rises be permanent? Where does the SUI graph go?
Sui (SUI) Graphic Analysis
The crackling sounds of the camp at OKX are also clearly reflected in the SUI price. SUI, which pinned $ 0.935, created the new bottom price on Binance. Standing up from this point, SUI rose to $1.07 in a short time, displaying an increase of 14.77 percent. SUI, which got rid of the effects of the fud news and gained strength from Bitcoin, can target the resistances of 1.10 – 1.21 – 1.28 and 1.43 dollars, respectively, as long as it continues on the upside.
In the scenario where altcoins retreat or the SUI ecosystem remains in the background, the $1.01 and $0.96 levels can be followed as support. Failure to hold $0.96 brings new bottom prices on Binance. This situation makes the possible declines even more serious.