โ ๐๐๐ ๐๐ซ๐ข๐๐ ๐๐๐๐ซ๐ฌ $๐.๐ ๐๐ซ๐๐๐ค๐จ๐ฎ๐ญ: ๐๐ข๐ฅ๐ฅ ๐๐ฎ๐ฅ๐ฅ๐ฌ ๐๐ฎ๐ฌ๐ก ๐๐ง ๐จ๐ซ ๐ ๐๐๐ ๐๐ฐ๐๐ฒ?
๐ SUIโs Chart Shows a Tight Triangle โ A Move Is Coming
SUI has been stuck inside a symmetrical triangle for weeks, but now price action is pressing against the top.
After a 9% daily jump, SUI hit $3.53, testing the triangleโs resistance.
A daily close above $3.50โ$3.53 could confirm a breakout.
โ Why buyers look stronger now
SUI network has passed 225 million total accounts, showing growing demand.
Futures traders are more aggressive on the buy side (Taker Buy/Sell ratio positive).
Open Interest jumped by 12% to $1.59 billion โ more traders are betting on a move.
Shorts are under pressure: liquidations on short positions hit $1.27 million โ about double the longs.
โ Key levels to watch :
$3.50โ$3.53 โ Immediate breakout zone. Needs a daily close above here to confirm strength.
$3.20 โ Nearest support if price pulls back.
$3.80+ โ Next possible upside target if breakout holds.
๐งญ Simple trading view:
Bullish case: Daily close above $3.53 with volume โ SUI could move to $3.80โ$4.00.
Bearish case: Rejection + selling pressure โ could drop back to $3.20 or lower.
Neutral: Price keeps moving sideways inside triangle until the next clear signal.
โ Summary:
SUI is right at a decision point. Buyer momentum, network growth, and short squeezes support a bullish setup โ but bulls must hold above $3.53.
If they do, SUI could finally break out of this long sideways range.
If not, more sideways chop or a pullback could follow.
๐ Current price: $3.4360