Technical analysis by Katri01 about Symbol SUI: Buy recommendation (7/10/2025)

SUI just printed a powerful +12.95% daily move, bouncing cleanly from the mid-range of its long-term ascending channel. This structure has been respected since mid-2023, guiding both impulse legs and corrective phases with precision.Now trading around $3.47, the next logical magnet is the channel top near $5, especially if momentum persists and market sentiment remains risk-on.Technical Structure:Bullish trend within a well-defined ascending channelClean reaction from dynamic support (midline)Clear higher low + breakout structure in playUpside Target:$5 (channel resistance)As long as SUI holds above the rising midline (~$2.80 area), this setup remains valid for trend continuation toward the upper range.📌 Risk Management:Break below the midline flips the bias short-term. Until then, trend = friend.