$SUI is showing strong relative strength, supported by multi-week institutional inflows, expanding TVL, and the upcoming Alpenglow consensus upgrade. Open Interest has surged 22% in 48 hours while spot volume expands, creating a strong momentum structure. Whale accumulation and retail short-covering are additional continuation factors. The key technical question is whether price can challenge the $1.85 resistance area while maintaining its bullish structure.
đ Bias: Bullish Acceleration | đŻ Entry: $1.65â$1.78 | đĄ Support: $1.52 | đ§ Resistance: $1.85 | đŻ Targets: $2.10, $2.45 | â Invalidation: Daily close below $1.40
Strategy: Confirmation entry on sustained strength toward/through $1.85, or support entry around the supplied range with disciplined invalidation.
#SUI #CryptoTrading #Layer1 #Binance #Altcoins
đ Bias: Bullish Acceleration | đŻ Entry: $1.65â$1.78 | đĄ Support: $1.52 | đ§ Resistance: $1.85 | đŻ Targets: $2.10, $2.45 | â Invalidation: Daily close below $1.40
Strategy: Confirmation entry on sustained strength toward/through $1.85, or support entry around the supplied range with disciplined invalidation.
#SUI #CryptoTrading #Layer1 #Binance #Altcoins
