bullish

Onyxcoin

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<p>SUI is starting to catch the eye of traders after spending some time moving sideways near a key support level. <a href="https://captainaltcoin.com/analyst-states-more-reasons-to-be-bullish-on-sui-as-price-enters-prime-buying-zone/" target="_blank" rel="noopener noreferrer nofollow">The price of SUI has been tightening up, and according</a> to crypto expert Sjuul from AltCryptoGems on X, it might be gearing up for a shift in momentum.</p>
<p>In his post, Sjuul pointed out that SUI price is “consolidating and squeezing just around this very important macro support level.” He believes all it needs now is a clear higher low to confirm a structure change, which could open the door to a new bullish trend if buyers step in with strength.</p>
<h2 class="wp-block-heading" id="sui-technical-structure-and-key-support">SUI Technical Structure and Key Support</h2>
<p><a href="https://captainaltcoin.com/ai-predicts-what-will-1000-sui-tokens-be-worth-by-end-of-2025/" target="_blank" rel="noopener noreferrer nofollow">The current SUI price chart outlines a clear descending trendline acting</a> as long-term resistance. This line connects several lower highs, showing continued downward pressure over time. Despite this, price action has managed to stabilize above a horizontal macro support level that has held firm across multiple testing phases.</p>
<p>Another notable feature is the presence of a defined demand zone just beneath the current price. This area previously triggered a strong bounce and continues to attract buying interest. The most recent wick into this zone was rejected, indicating that demand remains active.</p>
<h2 class="wp-block-heading" id="sui-market-outlook-and-chart-projections">SUI Market Outlook and Chart Projections</h2>
<p>Sjuul’s projection shows a potential higher low forming above the demand zone. This move would represent the beginning of a bullish trend shift. If confirmed, SUI price could break above the nearby macro resistance level and begin establishing higher highs. Such a development would mark a departure from the previous bearish structure that has dominated the chart.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/is-a-100x-surge-still-possible-for-onyxcoin-this-bull-run-xcn-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Is a 100x Surge Still Possible for Onyxcoin This Bull Run? XCN Price Prediction</a></em></strong></p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="512" src="https://captainaltcoin.com/wp-content/uploads/2025/04/image-410-1024x512.png" alt="" class="wp-image-661730" srcset="https://captainaltcoin.com/wp-content/uploads/2025/04/image-410-1024x512.png 1024w, https://captainaltcoin.com/wp-content/uploads/2025/04/image-410-300x150.png 300w, https://captainaltcoin.com/wp-content/uploads/2025/04/image-410-768x384.png 768w, https://captainaltcoin.com/wp-content/uploads/2025/04/image-410-1536x768.png 1536w, https://captainaltcoin.com/wp-content/uploads/2025/04/image-410-2048x1024.png 2048w, https://captainaltcoin.com/wp-content/uploads/2025/04/image-410-100x50.png 100w, https://captainaltcoin.com/wp-content/uploads/2025/04/image-410-700x350.png 700w, https://captainaltcoin.com/wp-content/uploads/2025/04/image-410-788x394.png 788w, https://captainaltcoin.com/wp-content/uploads/2025/04/image-410.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Image Source: <a href="https://x.com/AltCryptoGems/status/1912472288773173599" target="_blank" rel="noopener noreferrer nofollow">X/Sjuul</a></em></strong>
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<p>The macro resistance level stands out as the line that needs to break for the pattern to change. A successful breakout may convert this resistance into a support level, allowing buyers to build further momentum.</p>
<h2 class="wp-block-heading" id="sui-volume-behavior-and-trader-sentiment">SUI Volume Behavior and Trader Sentiment</h2>
<p>While price movement continues to develop, volume levels and trader sentiment remain under observation. The squeeze pattern described by Sjuul reflects narrowing volatility, often a precursor to a larger directional move. Traders appear to be waiting for a confirmation candle to establish whether SUI’s next move will break the current trend.</p>
<p>For now, the chart remains neutral until confirmation of a structure change is observed. The coming sessions may offer more <a href="https://coinmarketcap.com/currencies/sui/" target="_blank" rel="noopener noreferrer nofollow">clarity, depending on how SUI price interacts with both the</a> demand zone and macro resistance level.</p>
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<p>The post <a href="https://captainaltcoin.com/sui-price-primed-for-action-expert-reveals-what-needs-to-happen-next/" rel="noopener noreferrer nofollow">SUI Price Primed for Action? Expert Reveals What Needs to Happen Next</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

SUI Price Primed for Action? Expert Reveals What Needs to Happen Next

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