The good time to buy $SUI might be now
Hey traders,
SUI just bounced off the $3.63 zone and is hovering around $3.85. After a steep dip and a healthy recovery, the charts are signaling a potential reversal or at least a strong relief rally. Could this be the base for the next breakout?
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Why SUI Might Be Gearing Up:
Double Bounce: Strong reaction at the $3.63 support — the bulls defended it twice in the last few sessions.
RSI Near Mid-Zone (49): Neutral ground — room to move higher without being overbought.
MACD Close to Bullish Cross: Histogram shrinking — potential shift in momentum.
Volume Patterns: Steady accumulation with spikes on green candles — smart money possibly stepping in.
MA(5) Crossing MA(10): Early bullish signal forming on short timeframe.
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Chart Breakdown:
We saw a local top at $3.96, followed by a pullback to $3.63. The recovery back to $3.85 is promising. Holding above $3.76 would confirm higher lows, hinting at a potential push toward the $3.95–$4.10 zone.
Watch for sideways consolidation — this could be the base for a bullish flag breakout.
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My Playbook (DYOR):
🔹Buy Zone: $3.75–$3.87 (if price confirms support).
🔻TP1: $3.96 (recent high),
🔻TP2: $4.10–$4.20 (extension zone).
🔹Stop-Loss: Below $3.62 (structure invalidation).
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Final Thoughts:
This isn’t moon-talk — it’s a clean technical setup with structure and signals. If the broader market supports the move, SUI could be one of the early movers.
Are you positioning yourself ahead of the next leg up?
Patience + planning beats panic every time.
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