The $SUI /USDT chart shows a strong bullish trend, with the current price at $1.3310, reflecting a 13.53% increase in the past 24 hours. The price has reached a 24-hour high of $1.3930 and a low of $1.1677, indicating a sharp rebound from recent lows. The rally from the support around $1.1677 shows that buyers have entered the market aggressively, pushing the price higher, with SUI testing the $1.3930 resistance level.
On the 4-hour chart, SUI has made consistent higher highs and higher lows, confirming the bullish momentum. After touching the $1.3930 resistance, the price has slightly retraced to $1.3310, where it is now consolidating. If SUI manages to break above the $1.3930 resistance, the next target could be around $1.4000 or higher, suggesting continued bullish sentiment.
However, if the price fails to break the resistance at $1.3930, a pullback to the $1.2660 support area could occur. A further dip might lead the price toward $1.2000 if selling pressure increases. Overall, the trend remains positive, but traders should be cautious of potential short-term corrections, especially as the price consolidates near resistance. Watching for volume spikes and momentum indicators will help confirm whether the bullish trend will continue or face a temporary reversal.
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