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$SUI Shows Promising Reversal Signals
$SUI is exhibiting strong technical signs of a potential trend reversal, having recently formed a higher low—a classic bullish indicator.
The recent pullback was primarily triggered by concerns over the $200 million token unlock. However, such events are often priced in ahead of time, and it's not uncommon for assets to rally on the actual unlock day. This scenario may be unfolding here as well.
Adding weight to the bullish outlook, a Nasdaq-listed company has allocated $450 million from its treasury into $SUI, officially recognizing it as a reserve asset. This development elevates $SUI's narrative from retail-driven speculation to institutional-level conviction.
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