$SUI/USDT – Bulls Gaining Momentum: Key Breakout Level at $2.65
Entry Price: $2.60
Immediate Target: $2.68
Trend: Recovering with Bullish Signals
Support Zone: $2.55 – $2.57
Resistance Levels: $2.65 (critical breakout), $2.70 (next target)
Market Update:
SUI has rebounded strongly from the $2.55 support zone, regaining bullish momentum and currently trading near $2.60, up 6% for the day. The 15-minute chart indicates a solid recovery, forming higher lows and pushing toward the key $2.65 resistance level.
Technical Indicators:
Momentum indicators, including the Stochastic RSI (39.59), are beginning to turn upward, signaling increasing buying pressure. A confirmed breakout above $2.65 could trigger a short-term rally toward $2.68–$2.70.
Trade Outlook:
The bullish bias remains intact as long as SUI holds above the $2.55 support. A sustained move above $2.65 may provide a strong entry opportunity for momentum traders aiming for the next resistance level. Watch for volume confirmation to gauge the strength of the breakout.