SUI Holds Critical Support Zone, Eyes $2.05 Resistance Amid Market Volatility
Sui's price action remains anchored to an ascending channel established since October 2025, with the $1.47-$1.53 range emerging as a critical support zone. The January 22 rebound of 3% demonstrates persistent buyer interest at structurally significant levels.
Technical patterns suggest a potential path toward $2.05 resistance if current support holds. Market participants note the consistency of recoveries following channel retests—each dip since November 2025 has been met with subsequent upward momentum.
Trading volumes and daily closes indicate maintained technical relevance of these levels despite uneven broader crypto conditions. The asset's ability to sustain its channel structure contrasts with more volatile altcoins in current market conditions.
