SUI Price Consolidates as Technical Analysis Points to $0.702 Target
The SUI price continues to consolidate following an extended period of decline.
Despite initial signs of improved momentum, indicators show weakness in SUI.
At the time of writing, SUI is trading at $0.6851 with a 24-hour trading volume of about $259.16 million and a market capitalization of roughly $2.80 billion.
A technical analysis by BitGuru on August 12 noted that staying above $0.673 could allow SUI to reach up to $0.702, while $0.722 could become another resistance point.