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🚨 SUI IS COOKING – Major Recovery Signal on the Charts! 🔥
$SUI /USDT just hit $0.7599 (+2.81% in 24h) and is showing strong bullish momentum after a brutal correction.
Quick Technical Breakdown:
4H Chart:
Strong rebound from the $0.6510 local bottom
Price breaking above multiple EMAs with increasing volume
MA5 (0.7622) > MA10 (0.7520) > MA30 (0.7219) → Golden alignment forming
MACD turning bullish with positive histogram
Daily Chart:
Deep correction from $1.16 earlier this year, but holding key support
Current price reclaiming ground with conviction
24h volume healthy at 12.77M SUI
SUI has been one of the strongest Layer-1 narratives this cycle. After the shakeout, it’s positioning for a potential reversal. Next major resistance sits around $0.80 – $0.85, with $1.00 being the psychological target if momentum sustains.
Are we seeing the bottom in for SUI? Or is this another fakeout in a bearish macro?
Drop your thoughts below 👇
#SUI #SuiEcosystem
#Altcoins #TechnicalAnalysis
#TradFiCFDGoldMasters