$SUI Holds Gains After Explosive Move – Breakout Continuation or Cooling Phase?
SUI/USDT is currently trading at $3.6036, up a massive +20.69% for the day. After tagging a high near $3.74, the price has pulled back slightly and is now consolidating just above key support. Bulls are still active, but volume is tapering—next move will decide the momentum.
Key Levels to Watch:
• Resistance: $3.6600 – A breakout above this may target $3.7000 and $3.7400.
• Support: $3.5960 – A breakdown here could send price toward $3.5200 and $3.4600.
Trade Setup – Keep an Eye on Momentum Shift
Bullish Scenario:
• Entry: On a confirmed breakout above $3.6600
• TP1: $3.7000
• TP2: $3.7400
Bearish Scenario:
• Entry: On a breakdown below $3.5960
• TP1: $3.5200
• TP2: $3.4600
Stop-Loss: Use tight stops just under or above key levels to reduce risk in this post-surge volatility.