$SUI Aiming for $4.20–$4.40 Range
$SUI is currently hovering around $3.67, bouncing back sharply after retesting the mid-$3.70 area. The asset has delivered several impulsive rallies of 15%–17% in recent weeks, indicating heightened volatility and strong buying momentum.
Trade Setup
Entry Zone: $3.75 – $3.82 on small pullbacks
Stop Loss: Below $3.65 to filter out false breakouts
Target 1: $4.20 – key resistance area
Target 2: $4.40 – retest of major highs
Technical Outlook
The price structure shows a pattern of robust upward moves following each retracement, with $3.50 and $3.30 serving as significant support levels historically. Clearing $4.20 could trigger a rally toward $4.40, while a rejection may result in short-term sideways action.