$SUI / USDT Trade Setup
SUI is trading close to $3.73, posting an 8–9% gain in the last 24 hours with trading volumes above $1.8B, reflecting strong market activity. Price action remains well-supported in the $3.70–$3.72 range, which coincides with the 61.8% Fibonacci retracement and an important horizontal support zone.
Trade Plan
A long entry near current levels could target the $3.85–$4.00 resistance band. This zone is reinforced by historical moving average levels and technical overhead resistance, making it a logical near-term objective.
Risk Management
For downside protection, a stop-loss around $3.65 is advisable—just under the key $3.70 support. A break below this level may indicate fading momentum, while keeping the stop here allows for disciplined trade management.
Summary
Entry: ~$3.73
Target: $3.85–$4.00 (≈5–7% upside)
Stop-Loss: ~$3.65
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This approach offers a balanced risk-reward setup, capturing upside potential while safeguarding capital.
