SUI Price Reclaims $1 as Analysts Watch $1.50 Resistance
- SUI price gains 80% from accumulation zone near $0.50.
- Analysts highlight stronger structure after breakout above $1.
- $1.50 remains a key resistance area for SUI.
SUI price is trading near $1.16 after gaining around 80% from the $0.50 to $0.70 accumulation zone. The rally pushed SUI above the $1 level as market momentum improved.
SUI Price Strengthens After Breaking Key Resistance Levels
The SUI price structure improved after the token reclaimed the $0.90 to $1.00 resistance zone. The move confirmed a higher-low pattern after months of consolidation and increased buying activity.
The weekly Parabolic SAR has also flipped bullish, supporting the improving technical setup. The indicator moved below price after an extended bearish period, signalling a shift in the broader market structure.
The next important resistance area sits between $1.08 and $1.10. A sustained move above this zone could place $1.20 and the $1.40 to $1.50 region into focus.
SUI Price Technical Analysis Shows $1.50 Resistance Ahead
The SUI price technical analysis shows the token trading near recent highs after recovering from lower levels. Price broke above the $0.90 to $0.95 zone before testing resistance around $1.05 to $1.08.
A daily and weekly close above $1.10 would strengthen the breakout structure. On the downside, $0.90 to $0.95 remains the key support zone, while a move below could expose support near $0.80 to $0.85.
SUI price momentum continues to develop as traders monitor whether the token can maintain its breakout above $1.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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