$SUI is trading around *$1.03*, up ∼31% in 7 days and ∼35% in 30 days, leading large-cap Layer-1s this week.
- Reclaimed key *$0.81-$0.83* zone on the 3-day chart (old support turned resistance after June breakdown) and is now testing *$1.07* resistance
- Broke out of a multi-month falling wedge from ∼$0.29 low. Analyst Captain Faibik eyes ∼313% move toward *$2.50* if breakout holds
- Derivatives confirm: Open Interest +28.9% to ∼$402M, price + volume rising together = new longs, not just short covering
- RSI is overbought and price is above upper Bollinger Band (%B 1.01), so short-term pullback risk is high fb1d49318b9b9a32
*Key levels to watch:*
- *Support:* $0.95 / $0.81-$0.83 (invalidation if lost)
- *Resistance:* $1.07 > $1.15 > $1.25 > $1.34
A 3-day close above $1.07 strengthens bullish continuation. Drop below $0.95 breaks short-term higher-high structure.
- Reclaimed key *$0.81-$0.83* zone on the 3-day chart (old support turned resistance after June breakdown) and is now testing *$1.07* resistance
- Broke out of a multi-month falling wedge from ∼$0.29 low. Analyst Captain Faibik eyes ∼313% move toward *$2.50* if breakout holds
- Derivatives confirm: Open Interest +28.9% to ∼$402M, price + volume rising together = new longs, not just short covering
- RSI is overbought and price is above upper Bollinger Band (%B 1.01), so short-term pullback risk is high fb1d49318b9b9a32
*Key levels to watch:*
- *Support:* $0.95 / $0.81-$0.83 (invalidation if lost)
- *Resistance:* $1.07 > $1.15 > $1.25 > $1.34
A 3-day close above $1.07 strengthens bullish continuation. Drop below $0.95 breaks short-term higher-high structure.