The price of SUI coin has formed a solid support level at $2.9, an area that has undergone three rounds of testing, with strong buying interest each time. This price action indicates that the market is forming an important bottom at this level.
Before the main upward wave, there is usually a key "unbroken support level". For SUI, the current key defense line is $2.9. It is worth noting that on-chain fundamental data remains robust, and the ecosystem continues to develop and expand. The current price correction seems more like a buildup of energy for the next wave of increase.
The investment market often requires patience; if one cannot endure such short-term fluctuations, it may be difficult to enjoy the potential market returns that may follow. This stage may be a window of opportunity prepared by the market for steadfast holders.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
8 Likes
Reward
8
6
Share
Comment
0/400
OnchainDetective
· 6h ago
The capital flow of several abnormal addresses tells me... this wave of accumulation is quite interesting.
Reply0
MidnightGenesis
· 6h ago
On-chain monitoring shows abnormal capital flow in the past 72 hours.
Reply0
GasWrangler
· 6h ago
actually 2.9 support's been empirically proven... check the mempool data
Reply0
BearMarketMonk
· 6h ago
Testing the bottom three times, retail investors only lose three times, repeating endlessly.
Reply0
MoonRocketman
· 6h ago
Rocket fuel supply complete. Breaking through the 2.9 bottom warehouse is ready. Waiting for the best launch window.
Reply0
ZkSnarker
· 6h ago
well technically, support levels are just mass psychology in action... kinda like a proof of social consensus
The price of SUI coin has formed a solid support level at $2.9, an area that has undergone three rounds of testing, with strong buying interest each time. This price action indicates that the market is forming an important bottom at this level.
Before the main upward wave, there is usually a key "unbroken support level". For SUI, the current key defense line is $2.9. It is worth noting that on-chain fundamental data remains robust, and the ecosystem continues to develop and expand. The current price correction seems more like a buildup of energy for the next wave of increase.
The investment market often requires patience; if one cannot endure such short-term fluctuations, it may be difficult to enjoy the potential market returns that may follow. This stage may be a window of opportunity prepared by the market for steadfast holders.