Will SUI Rebound Strongly? Technical Analysis Suggests Potential for Deep Recovery

$SUI is showing signs of recovery after a recent sell-off. The cryptocurrency’s price action reflects the larger downtrend, potentially indicating room for a significant retracement if buyers hold their ground. A move toward $1.55 on the upper diagonal could indicate sustained demand. However, breaking below $1.38 would signal a potential weakening of this bullish rebound.