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.

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 coin was clearly moving downward between March 28-29. During this time, the price fell from $2.8997 to $2.1824, creating a pattern of lower highs and lower lows.

This downward movement put heavy selling pressure on Sui, pushing it to lows not seen in recent weeks and making investors worry about further drops.

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.

Though 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

As of today, Sui has pulled back to form a lower high at $2.3555, showing 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, confirming a real trend change.

However, if the $2.23 support breaks down, SUI 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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The post SUI Signals Bullish Reversal: Rally Expected if Price Closes Above This Key Level appeared first on CaptainAltcoin.

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