$SUI Range-Bound Between $3.96–$4.00, Breakout in Sight?
SUI is currently consolidating just below the psychological $4.00 level. Despite intraday spikes, price remains range-bound with rising volume. A breakout above this zone could unlock rapid upside, while failure to hold $3.96 may open the door for a fade.
Key Levels to Watch
Resistance Zone:
• $3.99 – Immediate supply zone
• $4.05 – Breakout confirmation
Support Zone:
• $3.96 – Key demand floor
• $3.93 – Structure invalidation
Trade Setup – Breakout Pending or Bull Trap?
Bullish Entry: Break and close above $3.99
• Target 1: $4.05
• Target 2: $4.18
Bearish Entry: Breakdown below $3.96
• Target 1: $3.93
• Target 2: $3.85
Volume spikes suggest active accumulation, but the next 15-minute candle close above $3.99 is needed to confirm the breakout play. Monitor closely.