$SUI Pushing Higher – Breakout Confirmation or Fakeout?
$SUI is trading at $2.6589, showing strong intent as it approaches local resistance. With higher lows forming and volume increasing, traders are eyeing a potential breakout from this tightening range.
Key Price Levels
• Immediate Resistance: $2.6590 – A breakout above this could fuel further upside
• Support Zone: $2.6510 – A breakdown here would invalidate short-term bullish momentum
Trade Setups
Bullish Breakout Above $2.6590
• Target 1: $2.6780
• Target 2: $2.7000
• Target 3: $2.7350
Bearish Breakdown Below $2.6510
• Target 1: $2.6300
• Target 2: $2.6000
SUI has reclaimed mid-range structure and is now testing resistance with conviction. Watch for confirmation on volume – this could lead to a clean breakout play or rejection trap.