Sui Regains Important Resistance as Traders Target $3.49 for Next Breakout

Sui's Market Position: Sui has reclaimed the $3.30 resistance level, indicating renewed buyer strength and setting the stage for a potential retest of $3.49, with higher-lows suggesting bullish momentum.

Resistance Levels and Trading Strategy: Key resistance levels at $3.49, $3.78, and $3.99 are critical for traders, with volume confirmation necessary for reliable breakout signals; failure to hold $3.30 could lead to a retest of lower support levels.

Market Resilience: Despite a 2.60% daily dip, Sui has a 1.94% weekly gain, reflecting stable buyer participation and suggesting that the current price range may be an accumulation area for future upward movement.

Liquidity and Execution: Sui's growing liquidity enhances trade execution, while clearly defined support and resistance levels provide strategic entry and exit points for traders.