$SUI is trading around the 0.9471 area after a sharp pullback from the 1.040 highs that has brought price back down to retest the ascending trendline that has been supporting the entire structure since early April. The move from the lows to the highs was clean and impulsive, but the rejection from the 1.000–1.040 zone has been equally aggressive, and price is now sitting right on the trendline where buyers need to step in to preserve the bullish structure.
As long as SUI holds above the trendline and the 0.940 area, this pullback remains corrective and another attempt at the highs is still on the table. A clean trendline loss on a closing basis however would be a significant warning sign, shifting the structure and opening the door toward the 0.900–0.880 area below. The next few candles around this level will be decisive.
SUIUSDT
Perp
1.3679
+28.42%
PHBUSDT
Perp
0.1243
-2.35%
BLURUSDT
Perp
0.0283
+7.97%
#KOFI #CreatorpadVN #KelpDAOFacesAttack #IranRejectsSecondRoundTalks #AltcoinRecoverySignals?