Hey Binance Traders!
SUI is showing resilience again! After dipping to $3.89, the bulls stepped in hard — and now we’re trading just above $4.00. With price stabilizing and key indicators resetting, this might be the calm before another bullish wave.
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Why SUI Could Be Gearing Up:
🔹Price Holding Above $4.00: Psychological support regained — signaling confidence returning to the market.
🔹Recent High of $4.274: A break above this could signal a clean continuation toward new local highs.
🔹RSI at 62: Climbing but not overheated — plenty of room for upward movement.
🔹MACD Turning Up: Early signs of bullish momentum resuming after consolidation.
🔹Volume Spikes: Recent volume uptick shows buyer activity building strength.
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Chart Talk
SUI bounced strongly from $3.89 and retested near $4.27. We’re now coiling in a tight range — a textbook bullish consolidation. If $4.10–$4.18 breaks with volume, expect a run toward $4.50+.
This is the kind of setup where patient entries pay off.
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My Strategy (Not Financial Advice):
🔹Buy Zone: $3.95–$4.07.
🔹TP (Take Profit): $4.50 short-term, $4.90–$5.20 mid-term if momentum sustains.
🚨 SL (Stop-Loss): Below $3.85 to protect against sudden breakdowns.
If you want to Buy quickly here: $SUI
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Final Thoughts
SUI continues to impress with its bullish structure and strong Layer 1 narrative. With volume supporting the current level and RSI trending up, this could be the setup smart traders look for.
Get your plan ready — this might be the move before the breakout.