SUI Technical Analysis May 1
Tech SUI Technical Analysis May 1 Bitcoin Ethereum News SUI is balancing above the critical primary support zone at 0.9214$ with its current price of 0.92$, giving short-term recovery signals in the downtrend. While awaiting a test at the nearby resistance of 0.9328$, the direction of the breakout will determine the fate of the trend. Current Price Position and Critical Levels SUI is trading at 0.92$ as of May 1, 2026, and is positioned within a downtrend in terms of overall structure. The price moved in the 0.90$-0.93$ range with a 1.86% increase in the last 24 hours, but continues to stay below EMA20 (0.93$), maintaining short-term bearish signals. RSI at 48.13 is in the neutral zone, Supertrend is bearish and pointing to 1.04$ resistance. 7 strong levels were detected across multiple timeframes (1D/3D/1W); on the 1D chart, 3 support and 4 resistance confluences are prominent. Volume is at a medium level of 145.46M$, but increasing buy volume is observed during support tests. This position indicates that the price is in the liquidity gathering phase at the 0.9214$ support block; if broken, downside targets will activate. Support Levels: Buyer BlocksPrimary Support The most critical primary support is at 0.9214$ (score: 69/100). This level is defined as a