Technical analysis by CoinrabiaDeFi about Symbol SUI on 3/26/2025

On the 15m chart we are seeing a strong indicator of momentum growing as SUIUSD climbs above 2.6367 with strong buying action. Up around 7% so far today, Sui is recovering from a slump during recent economic uncertainty and overall financial market volatility, but here we see in the last 48hrs a strong trend that appears to building momentum. Keep watch on Sui for opportunities for both short and long trades as we push into the upward channel.Performance has been excellent! Volume has been increasing massively from 2-3M a few days ago to 38.57M on Coinbase at the moment. This type of volume spike can be a signal of a potential breakout above the 2.82 resistance levels. For more info on the indicators and how to use this chart, check out my other post on the 1h chart here:Good luck trading habibi, and always follow your strategy in this price action times.