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$SUI /USDT POTENTIAL REVERSAL SIGNAL – BULLS AIMING HIGHER❗
Current Price: $2.8176 (+2.50%)
$SUI has shown a strong bounce from its recent swing low at $2.2937, forming a series of higher lows which indicate a possible trend reversal after a prolonged downtrend. The current daily structure is showing bullish candles with healthy buying volume.
The key resistance level is $2.86 — if price closes above this, it will confirm a break of short-term resistance, attracting more buyers. There’s visible momentum building as the price holds above $2.80 with increasing buying pressure on dips.
Trade Plan:
📈 Entry Zone: $2.80 – $2.85 (wait for minor pullbacks for a better entry)
🎯 Target 1: $3.00 (psychological resistance and previous support flipped resistance)
🎯 Target 2: $3.20 (next significant supply zone on the daily chart)
🎯 Target 3: $3.50 (if bullish momentum remains strong)
🛑 Stop Loss: $2.70 (below key support, protecting against fakeouts)
Additional Notes:
✅ Watch the daily volume — sustained high volume above $2.86 will strengthen the bullish setup.
✅ If Bitcoin remains stable or bullish, it will help altcoins like SUI push higher.
✅ Manage position size and stick to the stop loss to protect capital.
Trend: Possible short-term trend reversal; confirmation needed with daily close above resistance.
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