SUI Rebounds from Key Demand Zone – Bullish Continuation Ahead?

SUI has recently bounced from a key supply and demand zone between the 0.618 ($2.36) and 0.786 ($1.52) Fibonacci retracement levels, showing strong buyer interest in this range. This zone also coincides with a previous resistance line that has now flipped into support, adding further confluence to this area as a significant level for trend continuation.

After pulling back from its recent high around $5.44, SUI respected the 0.618 Fib level and has begun to recover, currently trading around $2.71. If momentum continues, the next resistance levels lie at the 0.5 ($2.95) and 0.382 ($3.54) Fib levels, followed by a potential move back toward the $4.26 zone.