$SUI just ripped from a major low at $2.4192 to a sharp high, following a textbook inverse head and shoulders breakout. After confirming the Bullish Beauty pattern, price exploded past the $3.60 zone and is now consolidating just below the resistance.
$SUI Key Levels:
• Support Zone: $3.42 – $3.50
• Resistance Zone: $3.90 – $4.00
Trade Setup:
• Entry Zone: $3.45 – $3.55
• TP1: $3.90
• TP2: $4.20
• Stop-Loss: Below $3.38
The momentum is real but bulls must hold above support for continuation. If resistance cracks, $SUI could revisit its major high and extend even further.
Still bullish, but now it’s all about holding the line.