Sui
According to Coindesk Research’s technical analysis model, the last 24 hours traded at $2.6481 in the support range of $2.58–2.60 from June 26 to 27 years, down 2.03% in the past 24 hours.
The rebound saw a sharp drop in the day from $2.70 to $2.58, but was supported by new quantities and improved sentiment related to institutional stakes.
By Lion Group Holding Ltd. (LGHL)June 26 Announce Its intention is to use SUI tokens as part of the $600 million cryptocurrency strategy.
In a press release, the Singapore-based listed company confirmed the acquisition of $2 million in hype tokens for $37.30, marking the first strategic purchase of the program. The company also said it intends to use future earnings from convertible bond facilities to buy Soland Sui.
CEO Wilson Wang described HYPE as a “base execution-first asset” and said LGHL believes it is the core infrastructure for the future of the capital market. The company plans to use at least 75% of its net proceeds to each closure of its convertible facilities, token acquisitions including SUI, and the rest toward a wider range of cryptocurrency operations and working capital.
Lion Group operates a multi-asset trading platform that provides services such as total return swaps (TR)differential contract (CFD)brokerage for foreign stock options and securities and futures. The company highlighted its growing commitment to the Layer 1 blockchain ecosystem and said it will continue to update the market in further Treasury bond development.
The announcement comes after intensified activity in the SUI ecosystem, including purchases for $2.60, and recovery on higher volumes of late-V recovery, which helps push the tokens to current prices. Analysts remain cautious, noting that resistance is about $2.66, but short-term sentiment seems to improve.
Technical analysis highlight
- SUI traded within 24 hours of $2.58 to $2.70, down 4.5% from peak to trough.
- At the 21:00 UTC meeting on June 26, the temporary bottom was $2.58, followed by the cumulative sign.
- Multiple rejected cores appeared around $2.66, confirming short-term resistance in the UTC window on June 27 at 09:00–11:00.
- From 07:51 to 08:24 on June 27, UTC saw a small bullish reversal pattern, recovering from $2.61 to 0.9%.
- A series of higher lows developed from 01:00 to 08:00 UTC on June 27, which is a gradual change in momentum.
- Starting from 08:00 on June 27, the number soared 18% on the 24-hour average of the recovery phase, strengthening support to $2.60.
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