$SUI Coiling for a Breakout? Eyes on the $4.04 Barrier
SUI is trading at $4.0185, forming a tightening range with higher lows. After holding the $4.00 mark, bulls are showing signs of strength — but momentum must carry it beyond key resistance to confirm the next leg up.
Key Technical Levels
• Resistance Zone: $4.025 – $4.045
Breakout from here may trigger a sharp move toward $4.08 and $4.12.
• Support Zone: $4.000 – $3.985
Failure to hold may send price down toward $3.95.
Trade Setup
Bullish Scenario
• Entry: Above $4.045 (strong close)
• Target 1: $4.080
• Target 2: $4.120
• Stop Loss: Below $3.995
Bearish Scenario
• Entry: Below $3.985
• Target 1: $3.950
• Target 2: $3.910
• Stop Loss: Above $4.025
What to Watch
• Volume surge above $4.045
• Lower wicks defending $4.00
• RSI strength on 15m and 1h
SUI is compressing near a breakout zone. Watch for volume confirmation above resistance — if bulls step in, it could spark a rapid move to new highs. Until then, patience and tight risk control are key.