SUI Breaks Out of Consolidation, Buyers Take Control Above $1.78
SUI has broken out of a prolonged consolidation phase with a decisive MOVE above $1.78, signaling a shift in market dynamics. The token's 4-hour chart shows a transition from relative weakness to gradual strength, marked by the absorption of selling pressure and the establishment of a firm support floor.
Early January 2026 proved pivotal as sui shattered its sideways trajectory with a strong bullish impulse. The subsequent retest of breakout levels—handled with textbook precision—suggests sustainable momentum rather than exhaustion. Analyst BitGuru notes the support-resistance flip creates a technical foundation for further upside.
Daily charts show stabilizing action around the $1.78-$1.80 range following October's volatility spike. The current price compression NEAR the upper bounds indicates dwindling sell-side pressure, with buyers systematically absorbing available supply.
