SUI Price Prediction: Will $SUI Token Lose $1 Support?

SUI Price Analysis: In the 4-hour time chart, the sideways trend of the SUI coin price is strictly resonating between two converging trendlines. The price action bounced off twice from the upper trendline thrice and the lower trendline twice reflecting its strong influence on market traders. Thus, a breakout from either of the trendline will bring the SUI price out of the consolidation phase and trigger a sustained price movement.