📈 *LONG: #SUIUSDT | SUI | 1W*SUI is currently trading around *2.77* and showing strong *bullish structure* on the weekly chart. This level aligns with a *key support zone* from a previous consolidation — and now, SUI is beginning to show signs of strength again.
🔥 Why it looks bullish:
- *Higher lows* forming after a strong correction 📉➡️📈
- Sitting above the *0.618 Fibonacci retracement* from its last rally
- Weekly candles showing *buying pressure* (long wicks + green closes)
- *Volume rising*, signaling new buyers stepping in
🎯 *Targets if momentum continues*:
1️⃣3.95 – reclaim of local high
2️⃣ 5.88 – prior resistance zone
3️⃣7.40+ – extension level if altseason momentum builds
🛡 *Key support*:
- 2.13 = strong historical demand zone
- If price closes below that on weekly, setup invalidates
⚠️ Risk Management:
- Use a *stop loss just under2.10*
- Scale in with conviction, but avoid overexposure
💡 Tip: $SUI is part of the newer L1 wave — and if narrative heats up again, it could easily outperform majors. Early accumulation here could mean 2x–4x returns with proper patience.