$SUI Showing Early Signs of Recovery
After a strong drop from $4.44 to a low of $3.26, SUI is now trading around $3.45 (+1.62% today), hinting at a possible rebound.
Key Levels to Watch:
Immediate Support: $3.26, Recently held as a strong bounce zone.
Resistance: $3.72, A breakout above this could open the door to $4.00+.
Major Resistance: $4.44, The recent peak and key level for bulls to regain control.
Market Sentiment:
Buyers are stepping in at lower levels, signaling cautious optimism.
If momentum builds, $3.7โ$4.0 is the next target zone.
Tradersโ Take:
#SUI is in accumulation, watch for a breakout above $3.7 for confirmation of bullish strength.
๐ Will SUI reclaim $4 soon or stay range-bound?