Odaily reported that analyst Ali said SUI has rebounded from the bottom of its channel after its weekly chart had previously confirmed a broader buy signal. The token has now moved back above the mid-range area near $1, which Ali described as a resistance level.
With that level broken, the next point of focus is whether SUI can keep the rally going. Ali said the move could extend toward the top of the channel, which he placed near $1.40. The comment was framed as a chart-based view centered on the weekly timeframe and the token’s position within the channel structure.
The update did not include additional on-chain data or trading volume figures. It focused on the technical setup Ali outlined: a rebound from the lower end of the channel, recovery above the middle zone around $1, and attention on whether price action can continue toward the upper boundary around $1.40.
Odaily reported that analyst Ali said SUI had rebounded from the bottom of its channel after its weekly chart previously confirmed a macro buy signal.
According to Ali, SUI has now reclaimed the mid-range area near $1. After breaking through that resistance, the market’s next focus is whether the rally can continue and push toward the top of the channel near $1.40.
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