SUI Signals Bullish Reversal: Rally Expected if Price Closes Above This Key Level

Sui price is showing hints of a possible turnaround. It has been bouncing from support levels that could signal a change in direction if certain price targets are met.

The price of SUI has been showing signs of a possible turnaround. It has been bouncing from key support levels that could signal a change in direction if certain price targets are met.

BitGuru noted that “SUI is showing signs of a potential reversal after bouncing from the $2.18 low. If the $2.23 support holds, a break above $2.35 could spark a bullish rally for SUI.”

SUI price is clearly moving downward between March 28-29. During this time, the price fell from $2.8997 to $2.1824, forming lower highs and lower lows.

This downward movement is putting heavy selling pressure on SUI, pushing it to lows not seen in recent weeks, and has investors worried about further drops.

Signs of a Potential SUI Price Reversal

After hitting the $2.1824 low, SUI price bounced back and reached $2.5267 on April 1. This bounce suggested a possible reversal as buyers started supporting the price.

However, although the price briefly touched $2.5496, it couldn’t push much higher. This showed that while buyers were present, they weren’t yet strong enough to fully reverse the downtrend.

Read also: We Asked AI to Predict SUI Price in April

SUI Price at a Turning Point

Today, Sui has pulled back to form a lower high at $2.3555, indicating that the upward momentum has weakened for now.

The market is now testing a critical support zone around $2.23, very close to the recent low. This level has become the main focus for SUI traders, as it may determine what happens next.

If SUI holds at $2.23 and breaks above $2.3555, the momentum could shift to favor buyers. This could lead to another test of the $2.5-$2.6 range, ultimately confirming a real trend change.

However, if the $2.23 support breaks down, SANTI price might drop back to $2.18 or lower, which would weaken the case for a reversal and possibly continue the downtrend.

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