![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
Is SUI Price Losing Steam? Key Indicator Suggests Reversal Unless This Happens…
May 19, 2025 at 08:00 pm
SUI has been making big moves lately. After starting below $1.20, it rallied past $4.00, grabbing traders’ attention along the way.
SUI has been making headlines with its rapid price gains. After remaining suppressed below the $1.20 mark for several months, SUI finally broke through the $4.00 barrier, quickly grabbing the attention of traders who were closely following its movements.
As SUI attempts to maintain its ascent, one key indicator is now flashing a possible warning sign, according to crypto expert Ali in a recent tweet.
According to the chart, TD Sequential indicator has formed a “9” sell pattern on the daily chart of SUI. This pattern, when completed, can often suggest that the current trend might be coming to an end and a reversal could occur.
The indicator is suggesting a potential slowdown or reversal in upward momentum. Since this marker appeared, SUI price action has remained below the $4.30 threshold, forming small-bodied candles that indicate uncertainty among market participants.
However, this level also coincides with the 1.0 Fibonacci extension from the recent swing lows, adding another layer of technical resistance.
Fib Levels Offer Support and Next Price Targets
The SUI chart is structured using Fibonacci retracement and extension levels, starting from $1.16 and extending to recent highs above $4.00. These levels highlight several price zones that traders will be monitoring.
Immediate support is seen around $3.60 to $3.75. A further pullback could find support around $3.14, which aligns with the 0.618 Fibonacci level.
If SUI price manages to break above $4.30, the next extension levels are projected between $4.90 and $5.30. These levels represent the next technical targets for bullish continuation in the intermediate term.
Short-Term Trend Cools As Market Awaits Confirmation
While the intermediate trend remains upward, the short-term picture reflects a pause in momentum. The candles following the TD Sequential signal show a lack of continuation.
This suggests that sellers might still be present and could exert some downward pressure until the $4.30 level is decisively breached.
To resume its previous trend, SUI price will need strong buying interest to push through this threshold. Otherwise, a move down to the identified support levels seems possible.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
-
-
- As the crypto market continues to recover, a number of undervalued assets are catching investor attention — but few are being watched as closely as Mutuum Finance (MUTM)
- Jun 07, 2025 at 03:25 am
- With its presale price still at just $0.025, some analysts now suggest a 2,500% surge could just be the beginning for this DeFi protocol
-
-
-
-
-