The cryptocurrency SUI is showing early signs of recovery, gaining 5.70% to trade near $0.98. Analyst Ted identified key liquidity clusters near $0.90 and $1 as critical levels guiding the asset’s short-term movement. Despite the uptick, technical indicators like the RSI and MACD suggest sellers remain dominant and overall market momentum is slow.
The SUI token is trading at $0.9810 with a market capitalization of $3.79 billion, according to CoinMarketCap. Its 5.70% gain over 24 hours hints at potential short-term recovery after a period of price consolidation.
Analyst Ted noted on March 5, 2026 that the token has two major liquidity clusters affecting its price. “The first cluster is near the price of $1, and the other, larger cluster, is lower than 0.9 dollars,” he stated. The lower cluster near $0.90 could act as a support zone if the price declines.
On weekly charts, SUI remains below major moving average levels of $1.50, $2.35, and $2.55. The Relative Strength Index is at 32.98, slightly below its signal line of 34.74.
The MACD line is at -0.49476, below its signal line, with a negative histogram reading. These indicators suggest selling pressure continues despite the recent price increase.
Analyst Ted has identified $0.90 and $1 as critical points to watch for SUI‘s next move. Price movements are currently dictated by these significant liquidity clusters and resistance levels.
