🚀 "$SUI on the Rise: Seizing Opportunity at the 200‑MA Line"
Long Setup:
Entry: $3.55–$3.57 | TP: $3.75 / $4.00 | SL: $3.50
Why Long?
Holding above the critical 200‑MA and support zone offers a solid base. Overhead resistance not too far.
Chart patterns and bullish divergence on stochastic suggest upside if a breakout occurs.
Ecosystem momentum (DeFi, partnerships, potential US crypto ETF filings) adds tailwinds.
Stop Loss: Just below $3.55 support to limit downside risk.
Take Profit Zones:
TP1 near resistance at $3.75.
TP2 around $4.00 (next Fibonacci cluster/resistance zone per analysis)