SUI 1D – Holding Channel Support, Watching Liquidity Pool

SUI continues to respect its ascending channel, despite recent weakness.

Structure shows higher highs, followed by a lower high into liquidity pool.

Price is now testing the 3.27 support, aligning with the ascending channel trendline.

Holding this level could set up a rotation higher, targeting the 4.2 liquidity pool first, then possibly extending toward 5.0.

Breakdown below 3.27 would invalidate the bullish structure and shift focus lower.

This chart highlights how liquidity pools form at prior highs/lows and why channel support confluence can be a pivotal decision zone.