Trade setup for $SUI /USDT, based on current market conditions:
🔹 Current Price
$SUI is trading around $3.87, down ~3–4% over the past day, but still showing signs of strong support and resilience.
Trade Plan:
**🚧 Stop Loss:** Consider placing it just below the key support at $3.70, protecting against a drop beneath the monthly trendline .
**🎯 Target 1:** $4.11, the major resistance level to watch — a breakout above this could signal the next rally .
**🎯 Target 2:** $4.50, aligned with prior supply zones and recent on-chain momentum .
**🚀 Final Target:** $5.35, near the previous all-time high — a breakout here would confirm full recovery.
✅ Risk Management:
Stick with a tight stop-loss under $3.70 and size your position to risk only a small percentage of capital.
Monitor volume and momentum indicators — a clean breakout from $4.11 with elevated volume would reinforce the bullish thesis .
Stay alert to broader market shifts — token unlocks and macro volatility can quickly alter trend dynamics.
This setup blends technical levels with prudent risk controls, offering a disciplined approach to trading $SUI while targeting strong upside moves.