$SUI Price Analysis: Minor Gains with Key Levels in Focus

🔹 Current Price: $1.96

🔹 1-Hour Change: +0.18%

Technical Analysis:

Sui (SUI) has recorded a modest gain of +0.18%, bringing the price to $1.96. The price reached a recent high of $1.97 but faced resistance, causing a minor retracement. Support has been observed around $1.94, which has helped stabilize the price amid fluctuations.

The chart shows that SUI is trading within a narrow range, with minor volatility as it oscillates between support and resistance. If SUI manages to break above $1.97, it could attract additional buying interest, potentially pushing the price higher. Conversely, holding above $1.94 is essential to maintain the current trend.

Key Levels to Watch:

• Support: $1.94 - Maintaining above this level is crucial for continued stability.

• Resistance: $1.97 - A breakout above this resistance could pave the way for further gains.

Conclusion: Sui is showing slight bullish momentum, trading between support and resistance. Watch for a move above $1.97 to confirm bullish strength, while support at $1.94 remains vital to avoid a potential downtrend.#USElections2024Countdown #TetherAEDLaunch #USEquitiesRebound