Sui (SUI) is currently trading close to $0.98 and testing a key resistance level between $1.00 and $1.05. If it breaks through this resistance (which has a large number of short liquidations in this area), the price could rise to $1.16. The token is forming a bullish descending wedge pattern, having previously rebounded from a strong support level between $0.82 and $0.88. If it fails to break above the $1.00 resistance, the price may continue to consolidate within the $0.88 to $1.00 range.

SUI1,49%
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