sui analysis

$SUI On the daily chart, SUI showcases classic base-and-breakout behavior. After bottoming at $1.91 and reclaiming key demand at $2.28, it has successfully breached several dynamic resistances. The trajectory now points towards prior supply at $4.60 and potentially further. However, every breakout requires caution: a retest of the $3.35–3.60 range will be crucial to confirm strength. Next Steps: Watch volume and price action closely, be prepared to enter on a solid retest, and manage risk below invalidation points. If SUI stays above $4.00, flipping resistance into support, we could see the start of a new up-cycle.

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