Is it a sustainable recovery? How will $ 2.08 set the road forward star-news.press/wp

• Sui had different structures on daily and weekly plans.
• The demand for the symbol remains weak, and the assembly can be unlikely until this changes.

Sui (SUI) witnessed a significant increase in the daily trading volume, as it remained 66 %. The daily trading volume was $ 2.1 billion at the time of this report, as it came at a time when SUI gained 12.55 % over the past 24 hours.

Based on the assembly at the end of 2024, a set of fibonache decline (yellow) was drawn. The level of 78.6 % was at $ 2.43 and was tested completely on June 22. It was a support.

Along with Bitcoin (BTC), it bounces from 101 thousand dollars to 106 thousand dollars on Monday, it could be a running recovery.

However, it was too early to know. In the time frame for one week, the A/D Index made a series of low altitudes in 2025, indicating continuous sale pressure. CMF was at -0.08 and showed a large capital flow.

MFI remained optimistic despite the decline last month. This alludes to a decrease in the volume of the sale, a trend confirmed by the weekly trading bars of the average.

The weekly market structure was upward after the status of the structure (heavenly) in early May.

Is the chart consistent for one day?

The Daily Chart showed a SUI phone after declining to less than $ 3.12 in the first week of June.

The A/D index was heading down for a month, and CMF was in a neutral area to reflect the lack of a large capital flow inside or outside the market. The MFI was in 30.5 to show off.

There were main support levels at $ 2.08 (white) and $ 1.71 (green). The previous level was support from April, while the latter was a decrease in the weekly graph.

Less than $ 1.71 will turn the weekly structure brilliantly.

Based on the current trend, there was an opportunity to re -test $ 2.08. However, if Bitcoin can remain higher than the $ 100,000 support zone and maintain the ups of the upward market, sui may witness increased demand.

The high purchase pressure and the 3 -dollar -support level of support will be a strong indication that altcoin was appointed at a higher altitude.

Responsibility: The information provided does not constitute financial, investment, trading or other types of advice, which is just the opinion of the writer