$SUI ’s Comeback Trail: Is This the Start of a New Rally?
#sui /USDT is showing signs of life again after a notable dip from its recent high of $3.7666. Currently trading around $3.4504, SUI has clawed back with a solid 6.23% gain in the last 24 hours, signaling a potential reversal in short-term momentum. The chart reflects a classic V-shaped recovery forming after a downtrend that bottomed near $3.1548. This rebound, backed by increasing volume, suggests fresh buyer interest and growing confidence.
On the 2-hour chart, the price has pushed above the $3.39–$3.40 zone, which previously acted as minor resistance. If this level holds as new support, SUI could make a run back toward the $3.60 region. The recovery is also supported by a rising volume trend and the candlestick structure is forming higher lows—key signs of bullish intent.
With a strong history of gains over 30 days and beyond, and the current uptrend forming on the back of increased demand, the setup looks promising. If SUI can maintain its momentum and break above the next resistance near $3.53, bulls could aim for a retest of $3.70 in the short term. While the order book still shows stronger sell-side pressure, any flip in bid dominance could act as a catalyst for the next leg up. Keep an eye on $3.39 as a pivot—if it holds, SUI may just be gearing up for another breakout.
