$SUI Price Prediction: Will SUI Form a Death Cross Soon? - BeinCrypto Analytics

SUI is currently showing signs of potential bearish momentum, as its Exponential Moving Averages (EMA) are indicating a possible "bearish crossover." This occurs when short-term EMAs trend downward and cross below long-term EMAs, often signaling a shift towards a downtrend. If this crossover materializes, SUI may face a correction, with support levels at £1.74 and £1.60, implying a possible price drop of up to 17%.

However, if SUI's Total Value Locked (TVL) increases, it could ignite a price rally. In this scenario, the price might test resistance at £2.16 and, if broken, push towards £2.36, offering a potential 21% gain.