$SUI /USDT Weekly Outlook on Binance
Current Price: ~$3.88
Despite a 24-hour dip (~-3.6%), SUI remains strong above key EMAs, trading above the 50-, 100-, and 200-day lines, showing solid technical structure. CoinCodex forecasts a -23% move to $3.06 by July 23, though buy-side volume remains sturdy Meanwhile, Binance models suggest upside to $4.05 (+5%) by week's end.
Alnvest highlights a bullish bounce off the golden fib zone (~$3.37) and notes rising institutional interest
🔮 This Week’s Range
📈 Bullish: $4.20 – $4.50
↔ Neutral: $3.80 – $4.20
📉 Bearish: $3.06 – $3.80
📊 Trade Plan
•Entry Zone: $3.80 – $3.88
•Take Profit 1: $4.05
•Take Profit 2: $4.30
•Stop Loss: Below $3.60
🧠 Insight:
A break above $4.05 with volume could confirm bullish continuation. However, failure to hold $3.80 might lead to a drop toward $3.06. Watch institutional volume and fib retracement signals closely.
