$SUI Pulls Back Slightly – Reversal or Just a Breather?
$SUI is trading at $2.2987 after hitting resistance near $2.3033. Price is showing signs of short-term exhaustion but still holding above key support, signaling a potential bounce or drop.
Key Levels to Watch:
• Resistance: $2.3100 – A breakout above this could extend gains toward $2.3240 and $2.3400.
• Support: $2.2800 – A break below this may send price down to $2.2600 and $2.2360.
Trade Setup:
• Bullish Entry: Above $2.3100
• TP1: $2.3240
• TP2: $2.3400
• Bearish Entry: Below $2.2800
• TP1: $2.2600
• TP2: $2.2360
Stop-Loss: Keep stops just outside the breakout/breakdown levels to avoid fakeouts.
