SUI Holds Firm at Weekly Support Zone: Analysts Predict Massive Bullish Explosion
The altcoin SUI has been holding firm at its weekly support zone, with analysts marking this as the calm before the storm.
SUI is currently trading at $0.6, down just 0.04% over the last 24 hours, but down by over 2% and 8% in the past seven days and thirty days respectively.
The asset has been declining since reaching its all-time high of $5.35 several months ago, with every bounce being a selling opportunity.
According to one analyst, this is only the quiet before the storm for SUI, and the current price action may appear dull but what's happening beneath the surface is anything but.