SUI Rebound Hits Breakout Point
The SUI cryptocurrency is testing its breakout point near $0.78 after showing signs of weakening selling pressure. According to the TD Sequential indicator, the recent correction may be nearing exhaustion.
A buy signal emerged on SUI's daily chart after a prolonged decline toward $0.714 region, suggesting that the selling sequence may be coming to an end. However, this does not confirm a complete trend reversal, and price still requires follow-through before the bearish structure can be considered broken.
The daily chart shows SUI compressing between converging trendlines, with descending resistance limiting advances from the recent $0.85-$0.90 area. Rising support reflects buyers defending progressively higher lows, placing the market near an important technical decision.