📊 Sui (SUI) is currently trading around $3.85, after an initial rebound towards $3.90 followed by a slight consolidation. We observe a stabilization phase marked by increasing volumes, a sign that the market is preparing for what’s next.
🔹 Key points to remember:
Strong support around $3.75–$3.80: this threshold has been tested and defended recently, reinforcing the bullish structure.
Resistance at $4.00–$4.10: a clear breakout would trigger an impulse, with a possible target at $4.50.
Technical adoption: the Sui network continues to gain traction among developers, with its parallel transactions and fast speeds, enhancing long-term utility.
🧭 My analysis:
I believe Sui is in a solid building phase, with clear support and continuation potential. If Sui surpasses $4, I will watch for a gradual entry. Conversely, a return below $3.75 could justify waiting for a clearer signal before re-entering.
💬 And you? Are you looking to enter as we approach the structural zone, or do you prefer to wait for a breakout to confirm the trend?