$SUI
#SUİ Despite recent volatility marked by multiple liquidation events and a pullback from the 2.0970 level, the SUI/FDUSD chart displays signs of bullish resilience. The price's ability to remain above the 1.9721 support after the second wave of liquidations indicates strong buying interest and the potential for an upward reversal. The initial decline followed by consolidation near the 1.8587 level appears to be an accumulation phase, potentially laying the groundwork for a bullish breakout.
Currently trading at 1.9587, the price reflects recent market turbulence but is positioned favorably for a move higher. The repeated liquidations suggest a shakeout of weaker holders, clearing the path for stronger buyers to take control. The chart signals a possible breakout above recent local highs, with a likely retest of the 2.0970 resistance—and the potential to surpass it—as bullish momentum gains strength. The ongoing consolidation is serving as a launchpad for a sustained upward trend.
