- SUI holds key support while traders await confirmation above critical resistance
- Analyst notes higher lows but demands price recovery beyond $1.7 level
- Nansen partnership expands on-chain analytics access for SUI ecosystem users globally
SUI is drawing attention as it trades within a wide price range and holds a critical support zone. Recent movements suggest consolidation rather than weakness. At the same time, SUI continues to expand its ecosystem through strategic collaborations.
SUI Price Holds $1.45 Support as Traders Watch $1.7 Level
SUI is currently holding support near the $1.45 level after a recent pullback. This price zone previously acted as a breakout area and is now being retested. Over recent months, SUI has formed higher lows, which signal sustained buying interest.
Analyst Daan Crypto Trades stated that the structure remains range-bound for now. The analyst noted that a move above $1.7 is required for stronger momentum. Price action shows repeated reactions between support and resistance, and traders appear cautious while waiting for confirmation.
Market data suggests that volume remains steady during this consolidation phase. As long as support holds, downside pressure appears limited. However, a clear move above resistance would be needed to shift short-term sentiment.
SUI Partners With Nansen to Expand On-Chain Data Access
SUI has announced a partnership with Nansen, a provider of on-chain analytics. Nansen offers real-time blockchain data used by investors and development teams. The collaboration focuses on improving transparency and access to actionable insights.
Through this partnership, SUI aims to enhance wallet intelligence and analytics tools. These features are designed to help users track activity and make informed decisions. The integration aligns with SUI’s focus on scalable and low-cost Web3 infrastructure.
SUI is a Layer 1 blockchain built for speed and efficiency. The collaboration with Nansen supports its broader goal of strengthening ecosystem data tools.
Disclaimer:Â This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
