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Crypto

SUI's Support Levels Under Fire as Sellers Challenge Rebound

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SUI
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The SUI cryptocurrency has been testing support levels after its recent rebound in August. According to Bitget, a significant level of interest lies at $0.70, which is also the first major support zone beneath current prices.

A break below this level could expose the next notable support zone around $0.65-$0.66. In contrast, a sustained move above $0.85 would strengthen the recovery structure and challenge the recent pattern of lower highs.

The four-hour setup points towards potential recovery, but confirmation above $0.75 remains necessary before stronger upside momentum develops. Additionally, buyers face multiple technical hurdles before reaching higher resistance, including several visible Ichimoku readings around $0.775 and $0.79-$0.80.

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