"$SUI Awakens: From Silent Lows to a $4.00 Showdown" 🚀🤔🔐👇
After weeks of quiet decline, $SUI has finally shown signs of life. Buyers stepped in near the $3.37 lifeline and pushed price above the 20-day EMA ($3.65) — a move that hints at a brewing bullish wave.
👉On the daily chart, the RSI has climbed back to 54, escaping the oversold trap and signaling renewed strength. But today’s candle leaves a cautionary clue — a long upper wick near $3.80, showing sellers aren’t backing down just yet.
Switch to the hourly chart and you’ll see the battle in real-time: Price is balancing above $3.77, while RSI cools down from an earlier overbought touch. It’s the calm before the next directional push.
📌 Bullish Setup
Entry: $3.75–$3.78 (buy dips above $3.65)
Target 1: $3.85
Target 2: $4.00
Stop-loss: $3.65
📌 Bearish Watch (only if $3.65 breaks)
Entry: $3.64–$3.66
Target: $3.52 → $3.37
Stop-loss: $3.78
💡 Trader’s Mindset: Momentum is shifting, but the $3.80–$4.00 zone is a battlefield. Winning here could spark a trend reversal — losing it could drag $SUI back into the shadows.
This is for educational and market commentary purposes only. Not financial advice — always do your own research before trading.