đ $SUI Technical Outlook đđŒAccumulation Zone Ahead đ§
$SUI has retraced to a key support zone near $2.30â$2.40, aligning with the Fib 0.618 level from its recent swing low to $3.00. Historically, this range has acted as a strong demand area, with high buying volume on previous retests.
Momentum indicators (RSI near 40, MACD flattening) signal a potential reversal phase, while open interest and funding rates are stabilizing đđŒ suggesting that selling pressure is cooling off.
On the fundamentals side, $SUI continues to show solid network growth, rising TVL, and consistent developer activity đđŒ making this correction more of a healthy consolidation than a breakdown.
If SUI holds above $2.30 and reclaims $2.50 with volume confirmation, the next target could be $2.80 â $3.00 â $3.25 in the mid-term.
đą Accumulation below $2.40 looks technically justified.
đ Invalidation below $2.20 (strong stop zone).
Remember: Smart money accumulates quietly â before the next leg up.
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