$SUI TECHNICAL UPDATE
SUI has been building a large rounded-bottom structure after dropping towards $0.65.
Right now, price is testing the key neckline resistance zone around $1.18–$1.35.
The setup is turning increasingly bullish:
• Price reclaimed the 200 EMA
• Trend remains bullish
• Money Flow is recovering
• Rounded-bottom structure is still intact
A clean breakout above $1.35 could confirm the neckline breakout and open the way toward $1.83.
Until then, SUI is still facing strong resistance. Invalidation sits below $1.18.
Trade with confirmation and DYOR.
SUI has been building a large rounded-bottom structure after dropping towards $0.65.
Right now, price is testing the key neckline resistance zone around $1.18–$1.35.
The setup is turning increasingly bullish:
• Price reclaimed the 200 EMA
• Trend remains bullish
• Money Flow is recovering
• Rounded-bottom structure is still intact
A clean breakout above $1.35 could confirm the neckline breakout and open the way toward $1.83.
Until then, SUI is still facing strong resistance. Invalidation sits below $1.18.
Trade with confirmation and DYOR.
