📈 $SUI – Deep Dip, Signs of Life Emerging
$SUI has been under heavy pressure, sliding over 9% today and currently trading at $3.5186 after rebounding from the $3.4350 support. The 1-hour chart is finally showing a flicker of hope as a series of green candles begins to appear — early hints that a short-term reversal might be forming.
For traders eyeing a bounce, the long setup is clear: ideal entries sit between $3.510 – $3.530, with a stop loss at $3.440 to manage downside risk. Upside targets are mapped at $3.580, $3.640, and a stretch goal at $3.700, giving room to scale out if momentum accelerates.
The key to watch is whether buyers can keep $SUI anchored above $3.50 — holding this level could trigger a relief rally, while a decisive breakout above $3.55 would confirm a stronger shift in momentum.
💡 Pro Tip: This setup favors traders looking for a quick bounce trade — monitor for a spike in volume and a solid candle close above $3.54 to ride the move with higher confidence.