Dip-Buying Opportunity – Targeting $6?
$SUI is trading at $2.2430, up +3.81%, after a rejection at $2.3762. The price is consolidating near key levels, presenting a potential breakout or pullback scenario.
Key Levels to Watch
• Resistance: $2.3762 – A breakout could push SUI toward $2.45-$2.50.
• Support: $2.1716 – Losing this level may lead to a drop to $2.10.
Market Sentiment
• Up 121.44% in 180 days, signaling strong long-term growth.
• Volume remains stable, but higher confirmation is needed for a breakout.
Trade Setup
• Long Entry: Above $2.38, targeting $2.45-$2.50.
• Short Entry: Below $2.17, expecting a decline to $2.10-$2.05.