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SUI Price ATH Possibility Fades As Decline Below $2 Raises Concern?

  • The SUI price has failed to hold its value above the $2 mark, recording a correction of ~3% in the past 24 hours.
  • The altcoin has surged ~140% this year and is currently valued at $1.8757, ranking 20th in the global crypto market.
  • The Simple Moving Average (SMA) indicates a strong bullish sentiment, while the MACD shows mixed-price sentiment for SUI coin in the crypto market.
  • If bullish sentiment sustains, SUI may break its ATH of $2.18 and head towards a new high. Otherwise, it could drop towards support levels of $1.6060 and $1.237.

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