SUI has been on a strong recovery, now trading around $3.9315 after bouncing from recent lows. The 1-hour chart shows price moving above the 99-MA, indicating a shift toward bullish momentum, but it’s facing immediate resistance near $4.0149.
📊 Key Levels:
Resistance: $4.0149 – $4.1191 (major breakout zone)
Support / Buy Zone: $3.8756 – $3.8181
Take Profit Targets: $4.05, \$4.12, $4.20
Stop-Loss: Below $3.74
💡 Spot Trading Plan:
Buy entries between $3.8756 – $3.8181 can offer a favorable risk-reward if price holds above the 25-MA. A breakout above $4.0149 with strong volume could propel SUI toward the $4.12 – $4.20 range. However, a rejection at resistance may lead to retests of the lower support zones.
📌 Technical Snapshot:
Volume Oscillator: Low at 3.39%, suggesting a potential need for stronger buying pressure.
Stoch RSI: Mid-range (25.94 – 54.00), allowing room for further upside before overbought conditions.
Trend: Above 99-MA with bullish structure intact, but near resistance.
⚠️ Manage risk carefully, as volatility can spike near breakout levels.
📈 SUI is approaching a critical test — breakout or pullback next?
Ready to act? Click the $SUI cashtag now and ride the wave to those zones!
