$SUI /USDT Analysis – Ready for Breakout or Resistance Rejection?🤔🔑👇

✅ Current Price: $3.06

📊 Trend Bias: Bullish short-term, but testing key resistance zone

🔍 Daily Chart Insights (1D):📊

Price Recovery: $SUI has shown strong bullish momentum off the $2.40 demand zone (marked green).

Current Test Zone: Price is challenging the $3.05–$3.09 zone, where:

50 EMA ($3.08)

100 EMA ($3.03)

Horizontal resistance cluster exist.

Volume Support: Moderate bullish candles with RSI rising (now ~54.24) and breaking above its 14-MA.

Next Resistance: Strong supply zone ahead between $3.50–$3.75. A clean daily close above $3.10 can confirm continuation.

⏱️ 1H Chart Highlights:📊

Bullish Structure: $SUI Price is making higher highs and higher lows.

EMA Alignment: 20 > 50 > 100 > 200 – confirming strong upward momentum.

RSI: Over 60 (bullish), with no signs of divergence yet. Currently at 64.67, showing continued buying strength.

Key Short-Term Support: $3.00 & $2.93 (EMA 100 zone on 1H).

📌 Trade Strategy (Bullish Setup):🔥

Entry: On breakout & retest above $3.09✅

Targets:🎯

TP1: $3.35

TP2: $3.58

TP3: $3.75 (supply zone high)

Stop-loss: Below $2.89 (invalidates short-term bullish structure)

⚠️ Caution for Bulls:🔥

Daily resistance cluster at current zone could trigger short-term rejection.

Watch for rejection wicks near $3.09–$3.10.

RSI nearing mid-level on daily, needs volume confirmation.

💬 "Never chase the pump — let price prove strength with a confirmed retest and volume."

🧠 “Patience is not about waiting. It’s about how you behave while waiting.”

⚠️This is a technical analysis view and not financial advice. Always do your own research before trading. Market conditions can change quickly.

#SUI🔥 #TrumpVsMusk #StrategyBTCPurchase #Binance #TradingSignals