While the general bearish atmosphere in cryptocurrency markets is gradually giving way to optimism, #SUİ is a candidate to be one of the pioneers of this transition. $SUI , which has been showing a steady rise in recent days, has entered the radar of investors again. Technical analysis data, price movements and trading volume signals may be the harbingers of an impending breakout and a major rise.
📈 Technical Ground: SUI Gathers Strength
SUI, which made its last recovery at $ 2.71, is currently trading at $ 2.84. This level is very close to the first resistance limit of $ 2.85, which analysts describe as critical. The daily close above this level may be an important signal for the rise to gain momentum.
First resistance: $ 2.85
Trading volume: $ 668 million
Market value: $ 9.65 billion
Daily increase: 1.97%
SUI's last recovery move is not limited to technical indicators alone. The decline in sales volume indicates that buying pressure is increasing and is about to break the downward momentum in the market. This combination is considered the first stage of a potential market reversal.
🚀 $3.83: New Target Set
According to crypto analyst Naveed, SUI is giving a dazzling signal with the strength it draws from tested support levels. The mid-range resistance level of $3.83 has become a new target for buyers. This level has served as both support and resistance in the past, so if the price breaks through this point, a major psychological barrier will be broken.
“This move is not just a rally; it could be the beginning of a brand new story for SUI.”
If the bulls take control here, a rally wave could be triggered for the market. A move towards the critical supply zone where gains were previously limited could begin.
🔍 $4.31 Supply Zone: Last Hurdle or New Beginning?
The most difficult resistance point that SUI has faced for a long time, $4.31, is now on the table again. This level is known as a point where sellers are strong and many investors prefer to take profits. However, this time the picture may be different. The recovery signals spread throughout the market may cause buyers to act more boldly.
If this region is overcome with strong volume, this could be a break that will change not only the direction of SUI but also the general market psychology. Such structures often form the basic building blocks of major trend reversals.
📊 General Assessment and Investor Expectation
Buy Signals: Declining sales volume and increasing buying pressure
Rise Trigger: Closing above $2.85 and increasing volume
Trend Reversal Point: Breaking the $4.31 resistance
New Focus Level: $3.83 is important as an intermediate target
SUI has become one of the prominent projects in the transformation process experienced in the crypto market. With the strengthening of technical indicators, analyst comments and increasing investor interest, there may be busy hours for SUI in the coming days.
🐂 Conclusion: SUI Winks at New Highs!
All signals for SUI are pointing to the upside. Investors are now carefully watching not only the price, but also the volume and momentum around the price. If everything goes as expected, SUI could be one of the leading altcoins that ignites the fuse of the next big bull run.