Conclusion
SUI’s recent price action has sparked renewed interest from both bulls and bears, with the outcome hinging on the ability of buyers to break through key resistance levels. The current tug-of-war suggests that the next major move is uncertain, with the potential for both a breakout and a rejection.
Traders should closely monitor SUI’s price action and key support and resistance levels to gauge the strength of the current momentum. A successful breakout above resistance could signal further upside potential, while a rejection could lead to a retest of lower support zones.
Ultimately, the next few trading sessions will be crucial in determining whether SUI can maintain its recent momentum or if bears will regain control of the price action.