SUI Signals Strong Bullish Potential After Recent Breakout
SUI has shown signs of a bullish market shift. It recently hit a new swing high, breaking free from the $2.22 region. Prices have rallied strongly, indicating a robust upward trend.
The recent breakout was not just a small move. SUI triumphantly reclaimed it’s value area low and surged through notable resistance. Now, despite a slight pullback, the price remains on track for more gains.
Here are the key points:
- A new swing high confirms the shift to a bullish market.
- The pullback has landed on a strong support cluster.
- The $3.49 level is the next key target.
What makes the current support zone so strong? It combines several factors:
- The point of control, showing strong buyers.
- A bullish order block, indicating demand.
- A BOS/SR flip, signaling a positive shift.
- The 0.618 Fibonacci retracement, a key technical level.
As long as this zone holds, SUI could aim for $3.49. A break above this level would confirm further bullish momentum. If support fails, expect deeper corrections. the trend remains bullish.
To keep up with SUI’s progress, check the SUIUSDT (1H) Chart and stay informed.
