$SUI

SUI demonstrates a confident recovery after consolidation. Current support has formed around $3.92โ€“3.96, and key resistance is at $4.10. A breakout and close above it could trigger a new growth impulse.

๐Ÿงญ What technical analysis says:

โ€” Price is holding above the 50-day moving average

โ€” Breakout of diagonal resistance is complete

โ€” A reversal pattern 'double bottom' is forming

โ€” Indicators (RSI, MACD, CMF) indicate the strength of the bulls

๐Ÿ’ก Example: The recent breakout at $4 was accompanied by an increase in volume, confirming interest in the asset. However, the $4.10 zone remains an obstacle โ€” its breakout will open the way to $4.30โ€“4.50.

๐ŸŽฏ Target levels:

โ€” Nearest target: $4.30

โ€” Medium-term: $4.75โ€“5.00

โ€” Long-term: $6โ€“10 (in a bull market)

โš ๏ธ Risks:

โ€” A drop below $3.90 may negate the bullish scenario

โ€” RSI is close to overbought โ€” a correction is possible

๐Ÿ“Œ Conclusion:

SUI has technical grounds for growth. The main thing is to close above $4.10. As long as the momentum is maintained, one can work with the trend while controlling risks.$SUI

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