$SUI
(Layer 1 Blockchain)
Current Price: ~$4.00–$4.01
Key Levels:
Support: $3.88 (immediate), $3.50 (strong zone) .
Resistance: $4.17 (recent high), $4.50 (next target) .
Setup:
Bullish Scenario:
Entry: Break above $4.17 with volume spike.
Targets: $4.40 (T1), $4.50 (T2) .
Confirmation: MACD bullish crossover and RSI > 50 .
Bearish Scenario:
Entry: Drop below $3.88.
Targets: $3.63 (T1), $3.50 (T2) .
Stop-Loss: $4.20 .
Risks: Broader crypto market sentiment and competition from other Layer 1s
