SUI crypto has tested a descending trendline three times but faced rejection each time.
However, traders are now aiming a potential 16% rebound to $3.40, which could mark a significant shift in momentum.
Currently, SUI plays around $2.99, with strong support near $2.63. The trendline, acting as resistance, has prevented upward movements, but a breakout could fuel a rally.
If SUI breaks past this level, bullish sentiment could strengthen, pushing the price toward $3.40.
Moreover, SUI daily active addresses on SUI have nearly doubled compared to Base, highlighting growing network activity. Increased liquidations also suggest heightened volatility, which may lead to a decisive move.
SUI price action chart | Source: Altcoins Scholer/X
If bulls take control, SUI crypto could finally escape its downward trend. With technical indicators aligning and investor interest rising, the coming days will be crucial.
Will SUI break free and surge, or will it face another rejection at
We współpracy z: https://www.thecoinrepublic.com/2025/03/01/sui-cryptos-active-addresses-double-as-liquidations-surge/
