• SUI is priced at $3.69 after a 3.9% 24-hour decline, with support holding at the same level.
• Resistance at $3.85 defines the upper limit of the current 24-hour trading range.
• Wave projections suggest a possible long-term path toward $9 if momentum sustains above resistance.

SUI (Sui) is trading at $3.69 after registering a 3.9% decrease over the last 24 hours. The token is now trading around its support zone and the closest resistance is at 3.85.Price action has attracted attention as chart patterns outline a possible wave progression that could extend into the coming weeks. Projections suggest that a sustained move could eventually lift SUI toward the $9 region, although near-term levels remain the primary focus.

SUI Holds $3.69 Support Amid Narrow Range Consolidation and Weak BTC Pairing

The short-term chart highlights $3.69 as a critical support level. This price floor has helped limit additional declines despite the recent pullback. Over the past 24, SUI has been trading in a tight range, with a range of 3.69 to 3.85. The upper limit at 3.85 has however curtailed any additional gains. This has created a range where price consolidation appears to be forming, with buyers defending the lower end of the spectrum.

SUI also registered relative shifts against major trading pairs. The correlation shows weaker short-term momentum compared to the leading cryptocurrency. This underperformance highlights the importance of the current support zone. If maintained, it could provide stability for SUI’s valuation against both BTC and ETH. Market watchers remain attentive to whether trading volume will reinforce either side of the range.

Projected Wave Structure and Future Levels

Chart readings display a wave structure suggesting potential for upward extension. The outlined progression maps out a target zone that stretches toward $9. This projection indicates that SUI could revisit higher levels if momentum strengthens. 

However, immediate attention remains fixed on $3.85 resistance, which stands as the next barrier before larger advances. If pressure builds above this resistance, the wave count could support a move toward the higher projections. Therefore, near-term trading remains essential in shaping how the outlined path develops.

Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0

PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed