Is Sui price correction over? Analysts identify key levels to watch

Sui has slipped below $1 as traders weigh a possible rebound from support against weakening daily momentum, with analysts identifying $1.05 as the first major test of a recovery. SUI traded near $0.99 on October 20, down 0.47% in 24 hours and 5.6% over seven days. Analyst Michaël van de Poppe identified $1.05 as a key resistance level for a possible recovery. Technical indicators show bearish momentum, with the MACD below its signal line and SUI trading under its 20-day moving average. Giannis Andreou identified 0.82–0.88 as a potential support zone before another recovery attempt.

Source: crypto.news