$SUI holding the line at 0.9581. đ
Sui is bouncing off its April ascending trendline, reclaiming the 0.9400 horizontal level. While the structure is holding, price is now facing resistance in the 0.9600â0.9800 zone.
The Levels:
â˘Support: Must hold the 0.9400 area and the trendline. As long as these stay intact, the bias is bullish with targets at 0.9800â1.000.
â˘Breakdown: A daily close below the trendline would be a major shift, likely triggering a drop toward 0.8800â0.9000.
â˘Resistance: Reclaiming 1.000+ is the next big test for a full trend reversal.
The trendline has been tested multiple times and survivedâbuyers are defending this zone heavily.
CTA: Will $SUI break $1.00 or are we heading for a trendline breakdown? đ
SUI
0.9083
-1.26%