SUI’s price action has been fluctuating over the past day. After trading in the green and touching the $2.14 level, it was down to $2.10 at the time of writing.
Sui Network (SUI) price trajectory in the near future depends on its ability to stay above or break below $2. That said, positives from its on-chain data are noteworthy.
SUI Price Action and Prediction
SUI price saw a substantial drop to $2.1395 following a back-to-back Change of Character (CHoCH) and Break of Structure (BOS) pattern formations.
The crypto reacted quickly to the CHoCH pattern. It occurred near $2.60, causing an immediate price reversal that triggered a significant decline.
Price regressed to the $2.00 area after another CHoCH barrier underneath $2.20 then entered a pattern of consolidation.
The $2.00 zone showed potential to develop into a new support structure after reaching potential Equal Lows (EQL) status.
SUI/USDT 4-hour chart | Source: Trading View
Candle bodies hovered above the $2.00
We współpracy z: https://www.thecoinrepublic.com/2025/04/20/how-will-sui-react-at-2-key-support-after-flipping-arbitrum-on-this-front/
