$SUI /USDT BULLISH REVERSAL SIGNAL – OVERSOLD REBOUND IN PLAY!

After a sharp drop to the support zone around $3.05, $SUI has shown signs of exhaustion in selling pressure. A bullish engulfing candle formed near the 24h low suggests a potential reversal from the oversold zone. If the $3.05 level continues to hold as support, buyers could regain momentum for a recovery move.

🔹Trade Setup:

Entry Zone: $3.15 – $3.20

Take-Profit Targets:

TP1: $3.32

TP2: $3.47

TP3: $3.60

Stop-Loss: $3.02 (below recent low)

📈 Market Outlook:

The price bounced directly off a critical support level with increased volume. If bulls maintain this level, a climb toward previous resistance near $3.47 is likely. Watch closely for confirmation with a 4H close above $3.20.

⚠️ Risk Management Tip:

Use tight stop-loss due to recent volatility. If price dips below $3.02, re-evaluate the trade.

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Ride the momentum before it fades — profits favor the fearless!

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