Crypto
SUI Slips to Support Zone Near $0.72 as Traders Eye Bounce
The price of SUI has slipped to near $0.72 as traders eye a potential bounce off the lower band of its Gaussian Channel indicator.
This pullback came as Abu Dhabi's Mubadala Capital tokenized a $75 million private markets fund partly on the blockchain, further highlighting the ongoing momentum in the Sui ecosystem.
The token has been trading near this level for some time now, with chart watchers debating whether it can climb back toward the midpoint of its Gaussian Channel.