Sui (SUI) Falls 4.39% as Analyst Outlines $10 Cycle Target

Sui (SUI) was down 4.39% over a rolling 24 hours in an Oct. 22 morning snapshot, while analyst Giannis Andreou outlined a conditional $10 cycle target tied to several price levels.

At 9:58 a.m. ET (13:58 UTC), SUI was $0.98, within a stated range of $0.98 to $1.06. The 50-day simple moving average (SMA) was $0.98, compared with $1.01 for the seven-day average, $1.07 for the 20-day average and $0.87 for the 200-day average. The quoted price matched the 50-day average, sat below the seven-day and 20-day readings, and was above the 200-day figure.

In an Oct. 21 post, Andreou described SUI’s weekly structure as bearish and marked $0.60 to $0.80 as a possible base. He said a sustained move above $1.35 to $1.45 could strengthen the recovery case. He gave no timetable for the $10 target.

Using the $0.98 snapshot price, the $1.35-to-$1.45 zone was roughly 38% to 48% higher, while $10 was about 10.2 times the quote. The snapshot’s rolling 24-hour change covers a different period from a UTC daily candle.

TokenPost previously covered SUI’s Oct. 17 Binance daily candle.