Jan 13, 2026
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SUI Reclaims Key Support, Eyes $2.35 as Next Target
SUI's Price Stabilization and Potential Upside
- SUI has reclaimed a key high-timeframe (HTF) support zone after a significant selloff, stabilizing above this level.
- This stabilization suggests the prior drop was a deviation rather than a full breakdown, with potential for momentum to build towards the $2.35 resistance area.
Structural Analysis
- The current price action shows SUI holding above a crucial demand zone, indicating buyer control at higher timeframes.
- A continued hold above this zone supports a bullish outlook; dropping below would suggest further downside risk.
- Similar accumulation patterns are appearing in other assets, but SUI's decisive support reclaim positions it favorably in the market.
4-Hour Trend Breakout
- SUI broke above its 4-hour downtrend, indicating relative strength compared to other major assets.
- The price is now consolidating on a former resistance area, which acts as new support; maintaining this level could lead to upward continuation.
Market Context
- SUI is noted for its strong market position, but further upward movement requires more momentum.
- SUI's progress is closely linked to the performance of Bitcoin and Ethereum, both lacking clear direction currently.
