This zone has been a key area of interest for the analyst, who has been patiently waiting for SUI to reach this level before stepping in. The convergence of the VWAP and structural support creates a favorable setup that often precedes strong upward moves.
Fundamentally, SUI is also gaining increasing recognition and traction within the cryptocurrency ecosystem. The project’s growing presence, combined with solid chart structure, reinforces the possibility of substantial upside potential over the coming weeks and months.
Until that confirmation arrives, the focus remains on observing how SUI behaves around current levels. AlgoCats is prepared to act, but only when the chart provides a clean and confident signal for entry.
At the time of writing, SUI was trading at $3.54, demonstrating a nearly 3% increase in the last 24 hours. Its trading volume has increased significantly by more than 33% in the past day.
