$SUI
š Trading Signal: Neutral Bias
Given the mixed signals:
Bullish Scenario: If SUI breaks above the $3.9ā$4.0 resistance, it could target $4.29 and potentially $5.00+.
Bearish Scenario: Failure to break resistance may lead to a retest of support levels at $3.5, $3.1, or even $2.6.
Recommendation: Await confirmation of a breakout above $3.9 for a long position or a breakdown below $3.5 for a short position.
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š”ļø Risk Management
Long Position:
Entry: Above $3.9
Targets: $4.29, $5.00+
Stop-Loss: Below $3.72
Short Position:
Entry: Below $3.5
Targets: $3.1, $2.6
Stop-Loss: Above $3.9
