$SUI BREAKOUT OR PULLBACK? – at a Crucial Decision Point
$SUI/USDT is currently trading at $3.9175, after a rebound from the $3.9061 low. While the price shows signs of bullish recovery, it’s hovering just below resistance, making the next move critical for both bulls and bears.
Key Levels to Watch:
Resistance:
• $3.9200 – A confirmed breakout above this could trigger continuation toward:
• TP1: $3.9450
• TP2: $3.9700
Support:
• $3.9000 – Immediate support holding the structure
• $3.8750 – Breakdown level that may invite sellers targeting:
• TP1: $3.8500
• TP2: $3.8250
Trade Setup – Prepare for Sharp Volatility
Bullish Entry:
• If price cleanly breaks and holds above $3.9200, potential upside targets include:
TP1: $3.9450
TP2: $3.9700
• Stop-Loss: Below $3.9000 to reduce downside exposure
Bearish Entry:
• A break below $3.9000 could invite short pressure toward:
TP1: $3.8750
TP2: $3.8500
• Stop-Loss: Above $3.9200 to manage reversal risk
Stay nimble—this setup could break either way. Let the price action confirm the trend before committing.