SUI: Analyzing Key Support and Resistance Levels
For SUI, there are a few key resistance levels to watch:
Immediate Resistance (~$3.90 - $4.00): This is the current hurdle that SUI needs to overcome. A strong, high-volume breakout above this range could signal a continuation of its recent upward momentum.
Major Resistance (~$4.18 - $4.40): If SUI breaks past its immediate resistance, the next major challenge lies in this area. This zone has historically been a significant barrier, and a clear move above it would be a strong indicator of a new bullish trend.
For SUI, there are a few key support levels to watch:
Immediate Support (~$3.50 - $3.60): This is the first line of defense for SUI. Holding this level during a downturn is critical to maintaining a positive market structure.
Key Support (~$3.20 - $3.26): This level is widely considered a major support zone. It's often where strong buying interest resides, and a drop to this area would be a crucial test of its long-term strength. This level has held up multiple times in the past.
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