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Sui: Deep Pullback Avoids Fresh Lows | Flash News Detail | Blockchain.News
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6/3/2026 10:11:00 AM

Sui: Deep Pullback Avoids Fresh Lows

Sui: Deep Pullback Avoids Fresh Lows

Sui trades at $0.84 after deep pullback with no new lows as 4h chart shows EMA50 resistance at $0.91 and MACD death cross.

Source

Analysis

Sui posted a deep pullback yet held above prior cycle lows at $0.84 on June 3 2026, according to @RhythmicAnalyst. The move aligns with Sui blockchain market performance technical analysis from the past year that repeatedly found support near $0.80 during corrective phases.

Price sits inside the Bollinger band with lower support at $0.80 while the EMA50 at $0.91 and EMA200 at $0.98 cap upside, and the MACD death cross at -0.03 keeps the structure bearish. RSI at 39.5 offers neutral momentum, suggesting any SUI price prediction bounce may stall at the upper band near $0.92 before retesting the 50-EMA. Traders watching Sui token price history note this setup mirrors the last twelve-month pattern where similar RSI levels preceded extended consolidation rather than immediate reversal.


Mihir

@RhythmicAnalyst

Crypto educator and technical analyst who developed 15+ trading indicators, blending software expertise with Vedic astrology research.