Such action unveiled: 21Shares Files for Su Etf

Explore the latest SUI technical analysis, including price action. Follow an in -depth graph study to discover key levels and market trends.

The follow -up activity increases, as is the project base and the community. All this is an excellent sign for the continuous health of blockchain and its serious potential to come.

(Source)

We have just received the announcement that 21Shares filed an ETF Suis, another bullish sign for the first investors.

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SUN PRICE ACTION: Insignia of technical analysis in May 2025

(Suiusd)

Let’s start today’s analysis by examining the 1D graph, in particular the market trend. We have three clearly defined periods (in red) where the Suppre price has decreased or traced.

Each of these three saw the RSI fall under the midline. Each rupture above this RSI line is accompanied by a rupture of market structure on the price table, followed by a test of this line 46.

I would say it is more an area than a strict line. We have a clear rise trend that started with the bottom in October 2023, followed by higher and lower highs.

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(Suiusd)

Again, on the 1D graphic, some key levels to monitor are the annual, high and monthly annual opening, as well as MA200, which is currently acting as a support.

On the graph above, we can see that when the price broke above Ma200 the two times before, it went to a new ATH. Suis Price could test the monthly bottom or even one of the other Mas, but it could continue from here.

(Suiusd)

Within 4 hours, we can see the current beach in which SUI is linked. RSI reset. Then we would be delighted to see the MAS successfully recovered during this period. This will guarantee the start of the next movement – so closely watch that.

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