$SUI
SUI looks solid with clear risk management and target zones.
Key Points Recap:
Bounce Zone: From $3.5842 to $3.6801, signaling buyer interest.
Entry Range: $3.66 – $3.71 — aligns well with the bounce confirmation.
Resistance to Watch: $3.70 — a breakout above this with volume could fuel momentum.
Targets:
TP1: $3.75 (previous minor resistance)
TP2: $3.86 (stronger resistance zone or Fibonacci level)
Stop-Loss: Below $3.58, which protects against a breakdown and retest of the recent low.
Trade Thoughts:
Volume Confirmation: Watch for increased volume on the push through $3.70. If it's weak, the move may fail.
Momentum Indicators (RSI/MACD): If they're turning upward from oversold, it's another bullish confirmation.
Short-Term Sentiment: Likely to improve if BTC/ETH remain stable or bullish.
buy and trade here $SUI .