SUI Crypto Retests Key Support at $2.40 as Liquidity Rises

SUI crypto traced back the $2.4 mark into a support position and exceeded it but rebounded from the level.

The crucial retesting of this support level generated signs for a potential market shift that drawn traders who wanted strong entry positions.

The price took off this support point to match historical resistance zones which confirmed its status as an essential support area. SUI displayed analytical indicator support for its defined price pattern.

Market data showed that the mid-range target value of $2.3 was reached, thus confirming purchase momentum. The Aroon indicator showed  a balance, which typically precedes upward market movement.

SUI price action chart | Source: TradingView

Since coiling patterns continued…

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