$SUI /USDT

📊 SUI/USDT – Snapshot

Current Price: $3.0079

24h Change: +2.04%

24h High: $3.0897

24h Low: $2.8720

24h Vol (SUI): 54.97M

24h Vol (USDT): 164.74M

Trend: Bullish bias with signs of continuation after higher low formation

🔍 Technical Analysis Summary:

Price is recovering from a healthy correction ($2.87) and is now testing the midpoint of the range.

There is resistance forming around $3.08–$3.09 (24h high zone).

Volume is decent and increasing into resistance, indicating accumulation and potential breakout.

📈 Trade Setups

🟢 Setup 1: Breakout Play

Look for continuation above resistance with confirmation

Entry: $3.0950+ (clean breakout above $3.0897)

Stop-Loss: $2.99

Target 1: $3.20

Target 2: $3.28

Target 3: $3.35 (depending on volume strength)

📌 Only enter if volume confirms breakout — avoid wick traps.

🔁 Setup 2: Pullback Buy (Safer Swing)

Enter near support if breakout fails or market consolidates

Buy Zone: $2.95–$2.98

Stop-Loss: $2.87 (below 24h low)

Target 1: $3.04

Target 2: $3.09

Target 3: $3.18

✅ Ideal for swing trades off strong Layer 1 narrative and capital rotation.

🔻 Key Levels to Watch

LevelSignificance$3.089724h Resistance / Breakout trigger$3.0079Current Price$2.9810Mid-support zone$2.8720Key Daily Support (Invalidation)

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