$SUI Accumulation Before Breakout
SUI is trading at $3.75, up 1.8% from the last close. For the past week, the price has been moving between $3.63 and $3.88 showing a consolidation phase. This often means buyers are accumulating before the next breakout.
🔑 Key Fibonacci Levels
Support: $3.63 (0.236 level, strong base)
Resistance 1: $3.76 (0.382 level current barrier)
Resistance 2: $3.88 (0.618 level key breakout point)
Major Resistance: $4.23 level bigger target
👉 If SUI breaks above $3.88 it could push toward $4.23.
📊 RSI Momentum Check
Current RSI: 61.19
This shows healthy bullish momentum not overbought meaning there’s still room for growth.
🎯 Trade Plan
Safer Entry: $3.63 – $3.65 buy near support
Aggressive Entry: $3.76 – $3.78 buy on breakout confirmation
Take Profit Targets:
TP1: $3.88
TP2: $4.23
Stop Loss Ideas:
Conservative: $3.52 safer protection
Tight: $3.63 just under support
👉 In short: SUI is in a healthy uptrend. A breakout above $3.88 could send it toward $4.23. Buying near support $3.63–3.65 is safer, while buying the breakout above $3.76 is riskier but more aggressive. Manage risk with stop losses.