Suis Bockchain is gaining ground while its market capitalization approaches $ 7 billion, driven by the increase in the activity of coins and the commitment of challenge. During last week, the volume DEX of Suis jumped 4.49% to $ 2.1 billion, briefly overtaking arbitrum to become the fifth chain in volume Dex. This growth reflects an increased interest in speculative trade on the network, although it always follows behind Ethereum, Solana, the BNB chain and the basis of global liquidity and user activity.
The technical indicators paint a mixed image. The RSI of Suis went from 35.22 to 51.86, suggesting a renewed purchase pressure after a dive, although the momentum remains neutral. The Directional Movement Index (DMI) reveals a low trend, the ADX falling at 9 – well below the 20 threshold which indicates a strong trend. Buyers currently have a slight advantage, but the lack of conviction leaves in a consolidation phase.
EMA analysis also shows a persistent scholarship, as short -term averages remain below long -term. However, the narrowing gap between the EMA refers to a possible golden cross, which could mark a bullish reversal. If this happens, SU can test the resistance at $ 2.28, with other upwards up to $ 2.41, $ 2.54 and potentially $ 2.83, that of Mars.
Conversely, non-compliance with current levels could trigger a correction. A drop of less than $ 2.02 could send SU to $ 1.71. While the short-term momentum is built, Suis must go beyond the media threshing of money and prove a durable challenge force to challenge high-level chains. For the moment, it is an outsider with a potential but which is still looking for confirmation of a sustained rise trend.
