SUI Price Faces $1.36 Resistance After Rebound

SUI needs another high to complete a five-wave recovery, while a three-wave bounce leaves the market exposed to further losses. The liquidation during May, June and October indicates that huge SUI price movements drove leveraged players to exit trades. Resistance near $1.36 remains a hurdle, while Fibonacci levels near $0.65 and $0.49 mark lower areas to watch. SUI price has been less than kind for the past few months and this rally has yet to confirm that things have turned around in the markets.

Source: CryptoNewsLand