SUI squeezed between $0.725 and $0.78: whose breakout will prove to be real?
Three days ago, SUI climbed to $0.8052, but couldn’t hold. Now it’s $0.741: -10.63% for the week, +5.83% for the month.
🔹 $0.7251 — support, from where the price has already bounced.
🔹 $0.77–0.78 — resistance, where the rally has twice reversed downward.
A confirmed breakout should be considered not a mere touch of the level, but holding the price beyond it across several 4-hour candles with rising volume—otherwise it may turn out to be a false move.
As long as SUI stays within the range, the key factor remains the reaction at $0.7251 and $0.77–0.78. Which scenario are you watching: holding support or settling above resistance?
#SUI #Crypto #BinanceSquare
Three days ago, SUI climbed to $0.8052, but couldn’t hold. Now it’s $0.741: -10.63% for the week, +5.83% for the month.
🔹 $0.7251 — support, from where the price has already bounced.
🔹 $0.77–0.78 — resistance, where the rally has twice reversed downward.
A confirmed breakout should be considered not a mere touch of the level, but holding the price beyond it across several 4-hour candles with rising volume—otherwise it may turn out to be a false move.
As long as SUI stays within the range, the key factor remains the reaction at $0.7251 and $0.77–0.78. Which scenario are you watching: holding support or settling above resistance?
#SUI #Crypto #BinanceSquare
