SUI/USD – TECHNICAL TRADE SIGNAL
Signal Type: Long Position
Entry Price: $3.40 - $3.51
Timeframe: Short-to-Mid Term
Breakout Structure & Technical Overview
SUI has confirmed a bullish breakout above a key descending trendline, supported by rising momentum and volume. Technical indicators suggest a favorable risk-to-reward setup:
Support Level: $3.35
Immediate Resistance: $3.64
Take Profit 1 (TP1): $4.50
Take Profit 2 (TP2): $6.00
Stop-Loss (SL): $3.20
RSI: 54.20 – Bullish bias with room to climb
MACD: Bullish crossover – upward momentum building
Volume: Increasing, confirming price strength
Fundamental Catalysts
Over $300M in tokens unlocked with price stability intact, indicating market confidence
Institutional inflows on the rise; gaining traction versus other L1 competitors
Ecosystem growth driven by developer activity and DeFi integrations
Recommended Holding Period
TP1: 5–10 Days
TP2: 2–4 Weeks
Trade Summary
SUI is positioned for a continuation rally following a successful breakout and strong on-chain fundamentals. A confirmed move above $3.64 could pave the way toward $4.50 and potentially $6.00 in the coming weeks. Risk should be managed with a stop-loss below $3.20.
This content is for informational purposes only and does not constitute financial advice. Always conduct independent research and apply proper risk management.