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Sui Trades Near $1.06 With MACD Histogram at Zero

SUI’s RSI was 50.69, and the token remained below several short-term averages but above its 50-day and 200-day averages.

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A polished token rests beside a small marker on a chart surface / TokenPost.ai
A polished token rests beside a small marker on a chart surface / TokenPost.ai

Sui (SUI) was quoted at $1.06 on Binance at 4 a.m. ET (08:00 UTC) Wednesday, near a level used in an earlier bullish scenario as a point to hold. The token was down 1.06% over 24 hours, with a reported range of $1.03 to $1.07.

SUI’s Oct. 13 daily close was $1.047, below $1.0552. The Oct. 14 quote was above that level, though the figures cover different dates and measurement points.

The latest technical readings showed the MACD and signal lines at 0.0334 each, leaving the histogram at 0.0000. The relative strength index was 50.69. The flat histogram shows the two MACD lines were equal at the measured point; the readings alone offer limited evidence of a clear momentum direction.

SUI traded below its seven-day average of $1.07, 12-day exponential moving average of $1.09 and 20-day average of $1.14. It was above its 50-day and 200-day averages of $0.93 and $0.86.

The earlier bullish scenario used $1.0552 as a level to hold and outlined conditional targets of $1.2431 and $1.3037. These are chart-based projections, not confirmed outcomes. SUI was near a $1.06 pivot during its Oct. 13 decline, when one-hour taker selling exceeded buying.

The latest analysis identified $1.01 as a lower support level and $1.08 to $1.10 as nearby resistance. Those are technical reference points, not established price floors or ceilings.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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