SUI and XLM at Critical Technical Levels: Here’s What Needs to Happen Next

According to analyst Ali Martinez, the TD Sequential indicator has flashed a sell signal on the 3-day chart for SUI, suggesting a potential short-term correction.

However, this bearish signal could be invalidated if SUI breaks above the $4.30 resistance level. At the time of analysis, SUI was trading below that critical mark at approximately $3.75.

Meanwhile, Stellar (XLM) is also facing a technical challenge. It needs to hold the $0.27 support level to prevent a possible 14% correction down to $0.23. XLM is hovering close to that support, and a failure to maintain it could result in heightened selling pressure. 

Traders and investors are closely watching these levels as breakouts or breakdowns could dictate short-term momentum for both assets.

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