$SUI /USDT - Coiling Below $4, Bullish Breakout on Watch
Sui (SUI) trades around $3.78, holding steady after an ~8% institutional-fueled surge supported by rising volume and strong buying interest.Technicals show the token in a "coiling" pattern just below $3.67 resistance-often a setup for breakout moves.
Key Levels:
•Support: $3.27 (immediate) and stronger backing at $2.55.
•Resistance: $4.00-$4.44 zone requires volume push to break.
Trade Setup:
Entry: $3.75-$3.80
TP1: $4.00
TP2: $4.44
Stop Loss: Below $3.50
Holding above $3.75 keeps bullish momentum intact; closing above $4 could ignite a stronger rally.