SUI integrates an Axiar network for cross-chain interoperability

Along with providing institutional security and compliance, integration uses Sui’s (Sui) Zklogin function, which increases the user experience for mainstream on board. This move adds the latest integration of sues and partnerships, which have already included a circle (USDC), Heaps (Stk) and MasterCard.

Suina price gathered over 20% after the announcement, but saw a modest refund with its 24-hour $ 4.07. Now trades at $ 3.86, the property is another 6% in the last day, and the volume of trade on an increase of 119% to $ 3.3 billion. The long / short ratio is at 1,0008, indicating a balanced attitude among merchants, while an open interest is 10%, according to coinglass derivatives data.

From a technical perspective, the price can be approached short-term exhaustion, because the upper Bollinger band has recently touched and has been retired a little since. The relative strength index, which is for 69 years, is immediately below the level of overload, suggests that the momentum slows down.

However, Sui is comfortably traded above all the main average average in the range of 10-200, which still supports the bull trend. The MACD remains in a positive territory, while other views are torque, such as stochastic RSI, depict neutral signals.

The multiply May continue if sui can remain above $ 3.70 support. The determined move above recent high could open the door to new levels about $ 4.40. On the party facing, the inability to maintain current levels could start re-seting the re-zone $ 3.30, where several moving average converges.

As it is based continuously, after the expansion of partnership and integration, the technical setting of Sui currently indicates a healthy consolidation phase, not a malfunction.