$SUI Technical Analysis: $5-$6.6 Target or Pullback to $2.8?



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SUI (SUI) faces a critical technical crossroads with potential targets between $5-$6.6 or a pullback to $2.8. Daily timeframe shows breakdown from July 23rd with downside channel formation, while weekly displays bullish structure but slower rally momentum. Key resistance levels at $4.5-$4.8 with major liquidity pools expected around $5.5-$6.5. Institutional demand surges with $441M corporate treasury purchase, driving social dominance to near all-time highs. Critical support levels at $3.8 and $3.4 must hold to avoid deeper correction. Watch this comprehensive technical analysis to understand SUI's next major move and key levels to monitor for your trading strategy.

00:00 Sui Update Introduction and Daily Chart Breakdown
01:01 Daily Chart Analysis - Downside Channel Formation
01:37 RSI Revenge Rally and Liquidity Pool Analysis
03:04 Weekly Chart Structure and Resistance Levels
04:02 RSI Support Analysis - Slope Changes and Expectations
06:04 Price Level Analysis - Support Defense Strategy
09:07 Longs Analysis and Social Dominance Metrics
09:59 News Analysis - Institutional Demand and Network Updates
11:38 On-Chain Analysis and Risk Management Summary

#SUI # TechnicalAnalysis #CryptoTrading # Altcoins #SUIPrice @suinetwork
SUI-6.79%
RLY-1.74%
MAJOR-3.8%
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