Aug 6, 2025
1 0
SUI Price Stabilizes at $3.50 with Key Support and VWAP Alignment
SUI is currently at a critical price level, aligning with key support and the VWAP (Volume Weighted Average Price) around $3.50. This setup indicates a potential for upward movement as buyers may enter.
Key Insights
- SUI has recently pulled back to a significant support level, creating a favorable buying opportunity.
- The convergence of the VWAP and structural support could precede strong upward moves.
- Analysts are targeting an initial price of $5, with optimism for further gains if momentum builds.
- Trading volume has increased over 33% in the last day, currently priced at $3.54, reflecting a nearly 3% increase in the last 24 hours.
- Patience is advised; confirmation of a breakout signal is necessary before entering long positions.
Traders are monitoring SUI closely for signs of a breakout, particularly around established resistance levels that could trigger significant price action.
