SUI Price Stalls Near Key Support, Potential Breakout Remains Uncertain

SUI is currently trading around the crucial support level of $3.20 after a recent pullback. Analysts remain cautiously optimistic about potential upside, with targets at $3.53 and $3.90 if sustained. While a falling wedge pattern suggests a possible trend reversal, confirmation remains elusive. 1.9 million SUI tokens have been removed from circulation through burning and freezing activities, adding pressure to the price. 💰