$SUI is trading around 1.6059 with a solid +4.68 percent gain, showing steady bullish momentum after recovering from the recent swing low at 1.3039. Buyers are slowly taking control again, but the chart still shows mixed signals around resistance.
Key Stats
• 24h High: 1.6606
• 24h Low: 1.5339
• Volume: Strong — confirms active participation
• Trend: Short-term bullish, long-term trend still neutral to slightly bearish
Market Structure
$SUI rallied sharply from 1.3039 to 1.7911, then retraced but held above major support. Now it’s climbing again, forming higher lows with the 7 MA crossing above the 25 MA — a short-term bullish sign.
Support Levels
• 1.5339
• 1.4939
• 1.3867
• 1.3039 (key swing low)
Resistance Levels
• 1.6600
• 1.7083
• 1.7911
Why Price Moved Up
• Strong bounce from oversold levels
• Bullish continuation after reclaiming the short-term moving averages
• Market-wide improvement in sentiment
Bias
Bullish short-term as long as price holds above 1.5339.
Breakout confirmation comes only if SUI closes above 1.6600.
Trading Idea
If $SUI breaks and closes above 1.6600, the next targets could be 1.7083 and 1.7911.
If it rejects from this level, expect a pullback toward 1.5339, where buyers may re-enter.
SUI is warming up again — keep an eye on the 1.66 resistance for the next strong move! 🚀
