SUI Holds Firm at Weekly Support Zone as Analysts Predict Explosive Move

The altcoin SUI is currently holding firm at its weekly support zone, according to analysts who believe this is only the calm before the storm.

The price of SUI has been trading at around $0.6, with a slight dip of just over 2% in the last 7 days and 8% in the last 30 days, as per CoinMarketCap analytics.

This downtrend began after SUI reached its all-time high (ATH) price of $5.35 several months ago, but analysts remain optimistic that a major pump is imminent to reclaim this ATH.

One expert notes that the current structure points towards the major support at $0.61 as the next destination, and it's possible that the price may sweep below that level before finding genuine buyers.