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BTCC / BTCC Square / Global Cryptocurrency /
SUI Eyes $1.16 Breakout as Bullish Momentum Builds

SUI Eyes $1.16 Breakout as Bullish Momentum Builds

Author:
Global Cryptocurrency
Published:
2026-03-05 13:52:47
6
2
[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -

Sui's price is showing tentative signs of recovery, currently trading near $0.98 after bouncing from lows around $0.88. The token now faces a critical test at the key $1.00 psychological resistance level, where technical factors and liquidation clusters converge.

A falling wedge pattern on the chart suggests a potential trend reversal, with the price forming lower highs amid weakening selling pressure. A decisive breakout above $1.00 could propel SUI toward the next resistance levels at $1.05 and $1.16. While the RSI recovery hints at building bullish momentum, traders should note the bearish divergence in the DMI indicators, warranting a degree of caution.

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