SUI Builds Momentum: Higher Low at $0.90 Sets Stage for $1.02 Breakout Test
SUI is consolidating after a recent pullback, with analysts watching for a potential reversal as the token establishes a higher low NEAR the $0.90 support area. Currently trading at $0.8895 with a slight 0.25% gain over the past day, SUI shows steady market activity—supported by a $1.19 billion daily trading volume and a $3.52 billion market cap.
Technical analysis points to a critical inflection zone: the $0.87–$0.90 range now acts as a key test for near-term direction. Holding above this level could fuel a MOVE toward the $1.00–$1.02 resistance band, potentially shifting the bearish momentum. Analyst BitGuru highlights the token's sideways action following the decline, indicating possible accumulation at current prices.
While the RSI reading of 40.14 reflects subdued momentum, a decisive breakout above resistance could trigger the next leg higher. Traders are now watching closely—will sui pivot upward or stall at this crucial technical threshold?
