$SUI Sharp Drop, Signs of a Bounce – Is the Reversal Underway?
$SUI plunged over 9% today, now trading at $3.5186 after rebounding from key support at $3.4350. The 1H chart is printing early green candles, hinting at a possible short-term recovery.
Trade Setup – LONG
• Entry Zone: 3.510 – 3.530
• Stop Loss: 3.440
• Target 1: 3.580
• Target 2: 3.640
• Target 3: 3.700
Market Insight:
Following a prolonged downtrend, SUI is showing early stabilization signs. Holding above $3.50 could fuel a relief rally. Watch for a confirmed breakout over $3.55 for stronger upside momentum.
Pro Tip: Great for a quick rebound play. Look for rising volume and a solid candle close above $3.54 to enter with confidence.
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