$SUI
Since the beginning, the SUI price has remained elevated, holding along the rising trend line that has been a strong support level. However, the price has encountered an important trend reversal level that could flip the course of the SUI price rally if secured with strong volume. However, the crypto is facing some resistance at $1.87, and hence a breakout from this range could be very important for the bullish continuation.
SUI’s weekly chart shows the price holding within a rising parallel channel, indicating a broader bullish structure remains intact. The recent pullback respected the lower trendline near $1.70–$1.75, suggesting buyers continue to defend higher lows. Momentum indicators are stabilizing, while OBV shows early signs of accumulation. A decisive weekly close above $1.90 could validate a breakout and open upside targets near $2.50, followed by $3.20. Failure to hold the channel support would delay the bullish thesis but not invalidate it immediately.