$SUI
is starting to show some serious signs of a trend change.
After spending months in a downtrend, price has finally broken above the long-term descending trendline and reclaimed the 100-day SMA around $0.77.
The next level I’m watching is $0.89. A clean breakout and hold above that resistance could put the $1 psychological level back in play.
For now, the $0.77–$0.80 area is the zone bulls need to defend. If it holds, this recovery could have more room to run.
is starting to show some serious signs of a trend change.
After spending months in a downtrend, price has finally broken above the long-term descending trendline and reclaimed the 100-day SMA around $0.77.
The next level I’m watching is $0.89. A clean breakout and hold above that resistance could put the $1 psychological level back in play.
For now, the $0.77–$0.80 area is the zone bulls need to defend. If it holds, this recovery could have more room to run.
