$SUI Sharp Rebound Attempt – Will It Stick or Fail?
$SUI is currently trading at $3.4584, trying to recover after a deep intraday plunge. Buyers are attempting a bounce, but overhead resistance remains strong.
Key Levels to Watch:
Resistance Zone:
• $3.5000 – $3.5500
Breaking above this zone could trigger a relief rally back toward higher ranges.
Support Zone:
• $3.4300 – $3.4100
If this support fails, another wave of selling could easily kick in.
Trade Setup – Prepare for Both Outcomes:
Bullish Scenario:
Entry on breakout above $3.5000
• TP1: $3.5500
• TP2: $3.6000
• Stop-Loss: Below $3.4300
Bearish Scenario:
Entry on breakdown below $3.4300
• TP1: $3.4100
• TP2: $3.3700
• Stop-Loss: Above $3.5000
Bounces after steep drops can be tricky—watch volume closely and avoid chasing unless confirmation comes.