SUI/USDT is finding strong support at the trendline, which has now flipped from resistance to support. This trendline, previously acting as a key resistance, has been successfully retested after the breakout, confirming its role as a new support level.
Additionally, the price is holding above the key supply and demand zone, further strengthening the bullish outlook. If this support holds, we could see a potential upward move as bullish momentum builds from this critical level.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.