š SUI Building Momentum: Bullish Breakout in Sight?
SUI is gradually pushing higher, now priced at $3.8531 with a +0.48% daily gain. The 1-day chart signals a steady uptrend backed by moderate volume (5.15M) ā hinting that SUI may be prepping for a major test at overhead resistance.
šŗ Resistance Zones to Watch
$4.7483 ā $5.4525: This is the primary resistance band. A breakout here could open the door for a strong bullish rally, possibly attracting fresh capital and momentum traders.
š» Support Levels in Focus
Immediate Support: Around $2.1628, a critical pivot to maintain short-term bullish structure.
Stronger Support Zone: $1.4195 ā $0.9287, historically a base for strong accumulation and reversals.
š Technical Outlook
The chart shows a healthy upward trend after recent consolidation. Momentum remains steady ā not explosive, but strong enough to potentially challenge resistance.
š A sustained move above $4.7483 could spark acceleration toward $5+.
ā ļø If the trend weakens, a pullback toward $2.16 or even the $1.4 zone could play out before the next leg up.
šÆ SUI Trading Strategy Highlights
ā Watch for a breakout above $4.75 to confirm strength.
ā Holding above $2.16 = structure remains bullish.
ā Loss of $1.41 support may trigger deeper corrections and caution.
š As the SUI ecosystem expands, this price action could mark the early signs of a larger wave. Keep an eye ā itās getting interesting.
š Not financial advice. Always DYOR.
