SUI's Impressive Market Performance and New Uptrend
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SUI has gained significant attention after breaking through two downtrends. The first was a "5.5-month downtrend", followed by another from **April to August**. In just 2 months, SUI's price has **quadrupled**, showcasing strong bullish momentum.
After breaking the blue downtrend resistance, SUI retested this level for two weeks before continuing its upward movement, reflecting healthy price action. The next key resistance stands at **$1.86-$1.95**.
If SUI holds above this level, its short-term outlook remains positive. In case of a pullback, the **orange uptrend channel** is expected to provide strong support near **$1.4**.
Conclusion :
SUI shows potential for further growth if it maintains its current levels above resistance.
Advice for Investors :
Monitor the $1.86-$1.95 resistance and the orange uptrend channel near $1.4 for potential buying opportunities.
