$SUI STUCK OR SET TO STRIKE?
SUI is hovering around $2.9087, locked in a tight range after multiple rejections below $2.9350. The pressure is building — and a breakout or breakdown looks imminent.
Key Levels to Watch
• Resistance: $2.9200 — A break above this could send SUI to $2.9350 and $2.9500.
• Support: $2.9000 — If broken, watch for a drop toward $2.8800 and $2.8600.
Trade Setup — Range Compression Before Expansion
• Bullish Entry: Break above $2.9200
• Target 1: $2.9350
• Target 2: $2.9500
• Bearish Entry: Drop below $2.9000
• Target 1: $2.8800
• Target 2: $2.8600
Volume is consolidating — keep your eyes on the breakout levels for your next move.