š $SUI /USDT ā Bullish Breakout Watch
Technical Analysis & Insights:
SUI is trading at 4.1512, up 3.63% in the last 24 hours, showing strong recovery momentum after bouncing from the 4.0000 support. The price is now approaching the 4.2000 short-term resistance, with higher lows forming on the 4H chart, indicating steady buying interest. RSI is moving toward the bullish zone without being overbought, and volume has picked up, supporting the breakout potential.
Future Prediction:
Bullish Scenario: A decisive close above 4.2000 could open the path toward 4.4000, and if momentum sustains, 4.6000 is the next upside target.
Bearish Scenario: Failure to break resistance may trigger a retest of 4.0319, with deeper pullbacks possible toward 3.8863 if selling pressure increases.
Trading Signal & Plan:
Entry Zone: 4.1400 ā 4.1800
Take Profit 1: 4.4000
Take Profit 2: 4.6000
Stop Loss: 4.0000