$SUI is trading at $3.4033 after rebounding from its intraday low of $3.2248. The price is showing signs of recovery, approaching the 15-minute MA(25) at $3.4618, which serves as immediate resistance. A breakout above $3.4618 could push the price toward the next resistance at $3.6703 (MA(99)).
On the downside, support levels are at $3.3321 (MA(7)) and $3.2248. Holding these levels is crucial to sustain the bullish momentum. Volume is gradually increasing, indicating buyer interest. Watch for confirmation of the breakout above $3.4618 before entering long positions. Manage trades cautiously in this volatile market.
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