$SUI 🚀 BULLISH MOMENTUM 🚀

Chart Overview

Current Price: ~$3.97 USDT (within the high-$3 range)

SUI has recently broken above its 200-day EMA (~$3.35), signaling bullish momentum. Oscillators and MACD, however, show mixed signals, suggesting moderate caution.

Fibonacci Retracement Setup

Using the swing low near $3.35 and swing high around $4.44, the key levels are:

Fibonacci Level Price (USDT)

38.2% ~$3.80

50.0% ~$3.90–$3.95

61.8% ~$4.05

These levels align closely with recent support and resistance clusters, offering strategic zones for entries and exits.

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Trading Strategy

Pullback Long – Conservative Entry

Risk Management & Confirmation Tips

Use volume surges, MACD crossovers, or RSI improvements to confirm entries.

Restrict risk to 1–2% of your trading capital, and consider scaling out as price approaches each target.

Entry Zone: $3.90–$3.95 (around the 50% Fib and recent consolidation)

Stop-Loss: Below $3.80

Targets:

T1: $4.20 (short-term resistance)

T2: $4.44 (recent swing high)

T3: $4.60+ (extension zone if momentum persists)

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