Sui
Experienced a turbulent 24-hour trade window marked with sharp intradag swings and heavier than usual trading activity. After originally thrown to $ 2.71, the token mounted a short demonstration against $ 2.92 before encountering strong resistance near $ 2.82. This zone closed the recovery and triggered a rapid reversing that withdrew prices back against the range $ 2.78- $ 2.79.
What made the move more remarkable was the accompanying increase in 24-hour trading volume that rose 11% above the 30-day average. This level of participation reinforced volatility, with rapid moving price fluctuations that expose both bulls and bears to whiplash movements. The rejection of $ 2.82 and failed attempts to re -enter this level set the stage for more cautious trade in the short term.
Support around $ 2.72- $ 2.75 region proved to be durable, with price that burst out of this interval several times. When the volume is cooled and consolidation is tightened, SUI can go into a wait when dealers reassess the short -term direction after the failed breakout and unusually active session.
Technical analysis highlights
- SUI traded in an interval of 7.3% between $ 2,919 and $ 2,710 during the 24-hour window.
- Heavy -selling hit at. 08:00 when the price dropped 9.1% from $ 2,878 to $ 2,765.
- A rejection attempt around 18:00 sent SUI up 1.5% to $ 2,824 on volume of 1.4 m.
- The rally was immediately reversed, with the price dropped to $ 2,784 and confirmed resistance near $ 2.82.
- Support held nearly $ 2.72- $ 2.75 despite several tests and consolidation throughout the session.
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