SUI encounters a lot of resistance at $3.80 – Will the bull market break or fade?
Source: CoinWorld
Time: 2025-09-20 13:22:16
SUI shows signs of indecision, with mixed trading, momentum indicators suggest that the market is cooling, while order book dynamics show strong support and resistance levels. Key resistance levels are at $3.7839 and $3.8146, and support is at $3.6528. The MACD indicator remains bullish but is weakening, with the RSI indicator neutral at 53. The bulls face greater resistance at $3.8000, while the strong buying support at $3.6000 provides a downside cushion. Traders need to pay attention to their breakouts of $3.81 or below $3.65 to determine the direction of the next trend.