While you were sleeping, $SUI broke a trendline that held for almost a year
$SUI just broke above the descending trendline that's been capping it since the July 2025 highs and it did it on a 45% weekly candle.
That's not a quiet breakout.
The weekly MACD just flipped bullish and RSI is curling up from 34, the lowest reading since the 2024 bear lows.
Momentum is shifting on multiple timeframes at once.
Price is now sitting at $1.33, right at the bottom of the grey resistance zone that's been in play since early 2024.
This zone is the first real test. I expect some chop here as the market decides whether to accept the breakout or push back.
If we get a weekly close above $1.50, the next leg targets $2.20 then $3.00.
The only thing that changes this read is a weekly close back below the trendline around $1.10.

Dami-Defi
@DamiDefi
05-07
$SUI Recap (Q1)
Compared to other altcoins, SUI remains strong despite alt market weakness. The ecosystem benefits from its strong narrative and institutional interest
1/ Price Movement
- SUI was less about explosive price action and more about proving developer growth
-


wth is this god candle
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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