SUI Approaching Critical Levels in a Falling Channel!

SUI continues to move within a falling channel on the 4-hour chart. The price was rejected from the upper boundary of the channel, leading to a pullback toward the 2.90$ – 2.77$ support zone. This area will be a crucial turning point for the price action.

If SUI finds strong support here, a potential breakout above the falling channel could push the price towards 3.57$. However, if 2.77$ support is lost, selling pressure may increase, bringing the price down to 2.38$, with the lower boundary of the falling channel acting as a major support.

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These levels will be crucial for SUI investors to determine potential buying opportunities or risk management strategies. Additionally, Bitcoin and Ethereum’s market trends will continue to play a key role in SUI’s price movements.

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