$SUI BOUNCE IN MOTION, BUT RESISTANCE AHEAD
$SUI is currently trading at $4.1124, bouncing off the $4.0867 support zone after a mild retracement. Price action is showing signs of short-term recovery, but with sellers still dominating the order book (62.23% ask strength), the next breakout level needs to be watched closely.
Key Levels to Watch
• Resistance Zone: $4.1400 – $4.2000
A breakout above this could reignite bullish momentum toward:
• TP1: $4.2500
• TP2: $4.2980
• Support Zone: $4.0600 – $4.0860
A break below this area may lead to:
• TP1: $4.0000
• TP2: $3.9300
Trade Setup – At a Crucial Pivot
• Bullish Entry: On a confirmed breakout above $4.1400
• Bearish Entry: Below $4.0600 with strong volume
• Stop-Loss: Below $4.0500 for longs / Above $4.1500 for shorts
With 379.2K volume and a +4.58% daily gain, $SUI is holding strong. A push through resistance could shift momentum firmly back to the bulls.
