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SUI Pushes Higher, But Hits a Wall! What's Next for $SUI?
1. The Steady Climb: For the last few hours, SUI was in a nice short-term uptrend, steadily making higher lows and showing bullish momentum.
2. The Sharp Rejection: We then saw a strong impulsive push to a new high around ~$2.96, but it was immediately met with selling pressure, creating a sharp pullback from the peak.
$SUI
Key Levels to Watch NOW:
Crucial Support: The ~$2.90 level is now the key support to watch. This was a previous resistance area and needs to hold.Immediate Resistance: The recent high of ~$2.96 is the clear target that bulls need to break to continue the uptrend. $SUI
My Take: The strong rejection from the top shows that sellers are active at these higher prices. The bullish case depends entirely on buyers holding the ~$2.90 support level for another attempt at the highs.
Click on $SUI to go straight to the live chart and see if this support holds!
#SUinetworkhacked #SUI🔥 #trading #ChartAnalysis
2. The Sharp Rejection: We then saw a strong impulsive push to a new high around ~$2.96, but it was immediately met with selling pressure, creating a sharp pullback from the peak.
$SUI
Key Levels to Watch NOW:
Crucial Support: The ~$2.90 level is now the key support to watch. This was a previous resistance area and needs to hold.Immediate Resistance: The recent high of ~$2.96 is the clear target that bulls need to break to continue the uptrend. $SUI
My Take: The strong rejection from the top shows that sellers are active at these higher prices. The bullish case depends entirely on buyers holding the ~$2.90 support level for another attempt at the highs.
Click on $SUI to go straight to the live chart and see if this support holds!
#SUinetworkhacked #SUI🔥 #trading #ChartAnalysis
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