Is $SUI Preparing for a Mega Breakout? 🚀 Jan 22 Update & Strategy
The $SUI network is showing strong resilience today! While the broader market is mixed, SUI is carving out a clear recovery path and holding critical levels.
📊 The Current Numbers:
Price: $1.504 (+2.65%)
Trend: Short-term recovery is in play as buyers defend the $1.446 support level.
Momentum: The 4-hour RSI is sitting at 37.12, suggesting we are in a prime accumulation zone before becoming overbought.
💡 Technical Strategy:
The Resistance: We are currently battling the 30-day Moving Average (MA30) at $1.589. A break above this could confirm a major trend reversal.
The Target: A successful flip of the $1.617 (MA200) level into support could send us straight back toward the $1.81 local peak.
DCA Zone: I am watching the $1.44 - $1.50 range for long-term entries.
🔮 2026 Prediction:
As the ecosystem matures, SUI Token remains a top contender for Layer-1 dominance this year. If the current recovery holds, we could see a retest of all-time highs as we head into the next quarter.
My Move: I'm holding my bag and looking for a scalp long if we flip $1.58 into support. 📈
What's your SUI Token price target for 2026? Are you Buying or Waiting? Let me know below! 👇
#SUI #CryptoAnalysis #TradingStrategy #BinanceSquare #Write2Earn