Sui / Tether USLong
Sui (SUI) Eyes a Break Above $4 – But There’s a Catch!
Sui (SUI) is following a pattern similar to Solana's price movement, recently touching lower support along its ascending trendline. However, unlike SOL, SUI is showing growing bullish momentum, potentially flipping bearish sentiment into a strong recovery.
At $3.57, SUI is battling key resistance after briefly touching $3.6. The MACD is signaling reduced selling pressure, with a bullish crossover approaching. Additionally, the Chaikin Money Flow (CMF) has triggered a bullish divergence, confirming increased buying volume.
🔹 What’s Next for SUI?
📉 Short-Term Pullback – SUI may briefly dip below $3.50, creating a prime buying opportunity.
📈 Bullish Breakout – If buyers step in, SUI could surge past $4, confirming an uptrend.
While a minor dip is likely, the growing bullish momentum suggests SUI is positioning for a breakout beyond $4 in the coming days. Can it sustain this momentum and rally higher?
At $3.57, SUI is battling key resistance after briefly touching $3.6. The MACD is signaling reduced selling pressure, with a bullish crossover approaching. Additionally, the Chaikin Money Flow (CMF) has triggered a bullish divergence, confirming increased buying volume.
🔹 What’s Next for SUI?
📉 Short-Term Pullback – SUI may briefly dip below $3.50, creating a prime buying opportunity.
📈 Bullish Breakout – If buyers step in, SUI could surge past $4, confirming an uptrend.
While a minor dip is likely, the growing bullish momentum suggests SUI is positioning for a breakout beyond $4 in the coming days. Can it sustain this momentum and rally higher?
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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.
Disclaimer
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.