Sui Price Prediction for Today, June 23 – SUI Technical Analysis

SUI is navigating a challenging landscape, trading at $2.53 after a notable drop from its recent highs. While the current price reflects lingering bearish momentum, signs of resilience and ecosystem growth suggest potential for recovery. Can SUI overcome this consolidation phase and lead a fresh uptrend in the coming days?

SUI Key Statistics

• Current Price: $2.53
• Market Cap: $8.53 billion
• Trading Volume (24h): $1.31 billion
• Circulating Supply: 5 billion SUI
• Total Supply: 3.10 billion SUI
• CoinMarketCap Ranking: #13

SUI is currently trading 36.19% below its 30-day high and 20.31% lower than its peak over the past 7 days. However, compared to its lowest price within the same period, it has managed to gain a modest 1.12%, reflecting limited recovery momentum.

SUI/USD Market

Key Levels

• Resistance: $2.87, $3.03, $3.50
• Support: $2.30, $2.10, $1.85

SUIUSD is currently attempting to reclaim strength after a persistent pullback, trading around $2.53 with a modest gain of 3.22% for the day. The Parabolic SAR dots remain above the candles, signaling that bearish momentum is still dominant, but today’s green candle offers a glimmer of relief. If buyers sustain this push, the first key resistance to watch lies near $2.87, followed by $3.03, and a more significant barrier around $3.50. However, if this recovery falters, the price could revisit support at $2.30, and a breach below that level may expose SUI to deeper losses around $2.10 and $1.85.

The MACD paints a picture of caution as its histogram continues to print in red, with the MACD line trailing below the signal line — a typical indication of lingering downward pressure. That said, if momentum shifts and the MACD flattens or turns upward, we could see the early signs of a reversal. Until then, the bears remain in control. Investors should remain watchful — a break and close above $2.87 could open the door to brighter days, but if SUI slips below $2.30 again, the path could lead to another round of unease. Will the bulls rise to the challenge, or will this be another fading spark?

Can SUI Regain Its Footing as the Market Slips?

In the face of a broadly bearish crypto market, SUI has not been immune to the pressure, with its price reflecting the same downward drift seen across the board. However, its current decline appears more controlled than chaotic, suggesting that while sentiment is weak, there remains a sense of underlying structure. Rather than a sharp breakdown, SUI seems to be moving through a period of cautious recalibration—one that may offer the groundwork for a more stable recovery when broader market conditions begin to improve.

Sui Price Analysis: Has a Low Finally Formed?

Even as prices fall, interest in SUI’s ecosystem continues through ongoing development and rising on-chain activity. These signals may not shield the token from short-term volatility, but they do indicate that value is still being built beneath the surface. If this internal momentum continues and the market begins to stabilize, will SUI be positioned to turn the tide and lead the recovery?

SUI/BTC Performance Insight

SUIBTC is attempting a modest bounce from 0.00002479 BTC after slipping close to its recent low of 0.00002305 BTC. Although the price gained 2.18% today, the Parabolic SAR dots remain above the candles, suggesting that bearish sentiment still lingers. The MACD histogram is flattening and may be hinting at a slowing down of downward momentum, but both the MACD and signal lines remain in bearish territory. If the rebound continues, resistance may emerge around 0.00002763, followed by heavier barriers near 0.00003000 and 0.00003400. However, if this relief rally fails, the pair could revisit or even break below its recent support zone, risking further slide into deeper territory.

Analyzing further, In a post on X, @eyezenhour noted that SUI is forming a symmetrical triangle on the weekly chart, suggesting a potential breakout is near. Despite six consecutive red candles, he highlighted strong support between $2.25–$2.35 and emphasized the importance of reclaiming the 50MA at $2.68. If these conditions hold, SUI could be preparing for a major move, with the structure alone pointing to a possible target of $11.47. Strong fundamentals, including rising TVL and high transaction volume, add weight to the setup.

Technical Analysis time ⤵️$SUI is coiling inside a textbook symmetrical triangle on the weekly

Structure is clean. Volume is tapering. I'll be honest, the 6 consecutive red weekly candles don't look great…

But the market’s loading the next leg and next phase

Here’s the… pic.twitter.com/qtI2FNyaML

— eye zen hour (@eyezenhour) June 22, 2025

Alternatives to SUI

Sui’s impressive growth is underpinned by robust fundamentals, including a steadily increasing total value locked (TVL) and a consistently high transaction volume. Its solid technical foundation is further enhanced by a supportive community and a clearly defined roadmap, which collectively drive its market relevance. As Sui continues to gain traction, efficient asset management becomes increasingly essential for its expanding user base.

Addressing this demand, Best Wallet emerges as a timely and practical solution. It provides a user-friendly interface designed to accommodate not only SUI but also a diverse array of cryptocurrencies. With features such as secure storage, seamless transactions, and built-in decentralized exchange (DEX) aggregation, Best Wallet empowers users to manage their assets and explore DeFi opportunities with ease and confidence.

New Best Wallet Utility Coin Update

Adding further utility to the ecosystem, Best Wallet introduces its native token, $BEST. Positioned as a cost-effective alternative to SUI, $BEST offers benefits such as reduced transaction fees, governance participation, and staking incentives. Having successfully raised over $13.5 million during its presale, Best Wallet is now fully operational, offering users a secure, streamlined entry point into the evolving world of decentralized finance.

Visit Best Wallet .

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