SUI/USDT is holding its ground just above the rising trendline and a key horizontal support at roughly $3.31, a level that’s quietly becoming critical to watch. It’s a neat setup—price isn’t crumbling, but neither is it charging. If bulls can nudge it above the descending resistance near $4.44, that could open the door toward recent highs in the $4.80–$5.00 zone. On the flip side, sliding beneath $3.31 risks invalidating the setup and sending price lower.
There’s a subtle sense this could be one of those “hang-on-tight” moments before a move. You’ve got structure, clear parameters, and decent upside. Still, markets seldom wait around. If support holds, a bounce could follow. If not, this turns into a quick test of lower levels.
Watch $3.31 and $4.44 closely. One of them is about to give the next clue.