$SUI
🚨 SUI Shows Technical Strength: Key Levels to Watch 🚨
After hitting a low of $1.71 in early April, SUI has surged back to $3.52, marking a solid 105% recovery in less than a month. Right now, the coin is consolidating around the $3.54 level, which lines up with the 50% Fibonacci retracement from its previous high of $5.36.
This level has been holding steady, showing more strength than many other altcoins, still stuck in a range. Bulls are in control as long as SUI stays above the $3.25 support.
If this momentum continues, the next big hurdle is the yearly open at $4.12. A breakout above this could push SUI to new highs. Meanwhile, if the price drops below $3.25, it could pull back to $2.79, a crucial support zone backed by both Fibonacci levels and past price action. Overall, SUI’s technical outlook looks promising, but the next few days will be key to seeing if this rebound has staying power.