$SUI Approaching Key Resistance – Will It Finally Break Above $3.75?
SUI/USDT is currently trading at $3.7261, following a solid rebound from the $3.51 zone. Price is consolidating just beneath the $3.75 barrier, with volume beginning to stabilize. A breakout above this resistance could trigger a rapid surge toward recent highs, while failure may result in a short-term pullback.
Key Levels to Watch:
• Resistance Zone: $3.7400 – $3.7700
A successful breakout here could initiate the next bullish wave.
• Support Zone: $3.6800 – $3.6200
This base needs to hold to maintain the current bullish structure.
Trade Setup – Tight Range, Big Potential:
Bullish Scenario
• Entry (Breakout Confirmation): Above $3.7500
• Target 1: $3.8000
• Target 2: $3.8650
• Stop Loss: Below $3.6800
Bearish Scenario
• Entry (Support Breakdown): Below $3.6800
• Target 1: $3.6200
• Target 2: $3.5800
• Stop Loss: Above $3.7500
SUI is knocking on the door of a major breakout zone. If it can close above $3.75 with strong volume, bullish continuation is likely. However, a rejection here could trap late buyers and send price back toward $3.62. Watch for confirmation and manage risk accordingly.
