SUI soon became a prominent performance in the encryption market, as it recorded a large profit of 150 % from $ 1.71 to $ 4.30. However, not everything is smooth sailing. The cancellation of a symbolic lock of $ 215 million on June 1, 2025, threatens to make a significant sale pressure.
Volatility meets the opportunity: SUI draws the risk bonus path
According to the latest Srichd to update In X, SUI showed noticeable price fluctuations, but her long -term look is still firmly optimistic. The code was launched from a rally by 150 %, increasing from $ 1.71 to $ 4.30. This explosive move drew the attention of the merchants, especially as it coincided with the formation of a golden cross -section on the daily chart, a classic technical signal that precedes the main bullish continuation.
Depending on this setting, Sirrichard believes that SUI can prepare for a more important height, which is likely to target new levels on the 7.56 dollar sign. If this is turned on, it represents an amazing profit of 380 % of the previous levels. However, he has also warned that the journey may not be without obstacles, especially with the start of other technical and basic signals.
The last declining intersection may hinder the emacs (EMAS) momentum in the short term. In addition, opening the distinctive symbol on June 1, 2025, which led to the issuance of approximately $ 215 million from SUI to trading, is a potential risk. This major event of supply may lead to sales pressure and raises short -term fluctuations if it is not absorbed smoothly by the market.
Currently, immediate support lies between $ 3.40 and $ 3.43, which can serve as a pillow in case of decline. In the upward direction, the resistance is built about 3.50 – 4.00 dollars. A fixed break above this level would rule the upper momentum, which paves the way for the upcoming rise in the upcoming rise.
The wind winds wave, but the strength on the chain carries the Earth
On the other hand, if the emotional feelings are intensified, the price may decrease towards a level of $ 2.33, a major support that can be tested. This step is likely to challenge the bullish confidence and progress in the short term.
Nevertheless, the broader expectations are supported by impressive network activity. Sui’s ecosystem has witnessed more than $ 40 billion in the size of the complex, a large scale indicating participation and strong benefit. The most encouraged is to increase the activity by 24 % over the past thirty days, while highlighting the growing user base and the height of the utility.
These basics are a strong budget for short -term risks. If they continue, they can provide a fixed basis for the renewed upscale. As such, any retreat from prices may provide a new opportunity for long -term investors.
