On the daily chart, the SUI price has started to carve out a rounded base after a long slide from the highs. The bounce comes from a demand band around the mid-$1 area, where price found support more than once.
The chart also shows a clear reclaim off that base, with price now trading around $1.96. The next area that matters sits near $2.00. A clean hold above that level would confirm that buyers control the short-term trend.
Above that, the chart points to the $2.20 zone as the next checkpoint, followed by the low-$3 area where prior selling showed up.
On the downside, the market now watches the $1.80 level. If SUI loses that zone again, the move turns into another range instead of a trend.
Moreover, the SUI price looks constructive as long as it holds above prior value and keeps building above $1.80. The unlock did not break the trend.
Activity and liquidity did not fade. If price holds above $2.00, the next leg higher stays on the table.
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