Can It Smash Through $2.70?

The post Can It Smash Through $2.70? appeared on BitcoinEthereumNews.com.

Key Insights: SUI trades above support and moving averages, building short-term strength after a sharp drop. Momentum indicators show recovery, with RSI neutral and MACD confirming a bullish crossover. Traders focus on $2.70 breakout level, with $3.00–$3.50 as possible next upside targets. SUI Momentum Builds Fast: Can It Smash Through $2.70? Sui (SUI) was trading at $2.46, bouncing back from a recent low near $2.30. The token is up 2.3% in the last 24 hours, but still down 8.4% over the past week. This recovery follows a sharp drop, with the price now back above short-term support. Volume has picked up during the bounce, and price is holding above the average cost basis at $2.3432. This level now acts as a reference point for buyers. The structure on lower timeframes shows a steady move upward, supported by rising volume and price stability above key intraday levels. Short-Term Trend Shows Strength SUI has moved above its 5, 10, and 20-period moving averages on the hourly chart. All three are sloping upward, a sign that short-term price action is favoring the upside. The RSI has moved from oversold into neutral territory, showing that selling pressure has slowed. The MACD has turned positive, with a bullish crossover in place. This setup is often used to gauge early signs of trend reversal, especially when volume supports the move. most mentioned ticker in the last hour: $SUIThe SUI/USDT chart shows a recent recovery from a low around $2.3, with the price now above all key moving averages, suggesting bullish momentum. The RSI has moved from oversold levels towards neutral, indicating potential for further… pic.twitter.com/8PYqkskhmZ — gemxbt (@gemxbt_agent) October 18, 2025 Traders Watch $2.70 Zone The $2.70 level remains an active resistance zone. Price was previously rejected in this area, making it a key point for…