$SUI /USDT Trade Setup
Market Insight:
$SUI is showing strong bullish momentum with a 7.21% gain in the last 24 hours, supported by solid volume ($131.46M USDT). Price is near the upper Bollinger Band (3.1892), suggesting potential continuation or a short-term pullback.
š¹ Entry:
Buy Range: $3.05 ā $3.15
(Above the mid-Bollinger Band and within recent consolidation zone)
šÆ Targets:
Target 1: $3.28 ā Near short-term resistance
Target 2: $3.42 ā Fib extension zone
Target 3: $3.60 ā High momentum continuation target
š» Stop Loss:
Below $2.90
(To protect against breakdown below lower Bollinger Band and support)
š Key Levels:
Support: $2.90 / $2.83
Resistance: $3.19 / $3.28 / $3.42
Pivot Zone: $3.03 ā $3.14 (zone of recent price compression)
š” Pro Tip:
If SUI breaks above $3.20 with volume, expect strong upside potential. Consider scaling in rather than full allocation upfront to manage volatility.
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