SUI cryptocurrency shows bullish technical structure shift

SUI is experiencing a technical shift in market structure, moving toward a bullish trend after clearing previous resistance levels. The token has recently climbed above its 7-day, 20-day, and 50-day simple moving averages, which are positioned between $0.72 and $0.76.

Technical analysis indicates that SUI is facing immediate resistance at the $0.81 level. A more significant ceiling exists at $0.85, which aligns with the 200-day simple moving average and the upper Bollinger Band. While the trend shows signs of a structure flip—characterized by breaking through previous order blocks and defending support zones near $0.70—momentum indicators like the MACD have shown signs of flattening.

Key liquidity levels include sell-side liquidity at $0.7396 and buy-side liquidity targets near $0.9500. The current market movement appears driven by order flow and positioning dynamics rather than fundamental catalysts.