$SUI 's breakout and subsequent stabilization above $3.46 indicate strong bullish momentum. A clean retest of support suggests buyers are in control, potentially paving the way for a surge toward $3.5656.
Trade Setup:
- Entry: $3.4694
- Stop Loss: $3.4231
- Target: $3.5656
Technical Analysis:
- Breakout: $SUI 's successful breakout above resistance indicates a potential shift in market sentiment.
- Support: A clean retest of support at $3.46 suggests strength and reduces the likelihood of a false breakout.