$TON SUI is currently trading at $2.2798, up 2.43%, after rebounding from a recent low of $1.9626. The price appears to be stabilizing, hinting at a potential trend reversal. With bullish momentum building, many traders are eyeing $5+ and even $8 as possible price targets for 2025.
Key Levels to Watch
Resistance: $2.32 – A breakout here could push SUI toward $2.45 and $2.60.
Support: $2.20 – Holding above this level is crucial for sustaining bullish momentum. A break below may lead to $2.05 or even $1.96.
Trade Setup
Long Entry: If SUI breaks above $2.32, the next targets are $2.45 and $2.60.
Short Entry: If SUI drops below $2.20, downside targets include $2.05 and $1.96.
Stop Loss: Adjust according to your risk tolerance.
Market Insights
RSI: Currently at 43.36, indicating neutral momentum with room for an upward move.
Parabolic SAR: Still bearish but flattening, hinting at a potential reversal.
Volume: Moderate, suggesting cautious buying interest.
SUI is quietly setting the stage for a potential breakout. Analysts predict a massive surge, and those accumulating now could see significant gains. Don't wait for the hype—this could be the best entry point of the year!