$SUI TECHNICAL UPDATE! ⚡*

LAYER 1 COOLING OFF AFTER RECENT RUN

🔍 Key Observations:**

- Testing support at $3.4804 after rejection from $3.6615 high

- Stochastic shows mixed signals:

- K (66.98) > D (54.73) → Short-term bullish momentum

- J-line (91.48) nearing overbought territory

🎯 *Trade Setup:

- *Long Entry:** $3.45-$3.48 (support zone)

- TP1: $3.57 (previous resistance)

- TP2: $3.62 (50% retracement)

- Stop: Below $3.42 (risk management)

- **Short Opportunity:** Only if breaks $3.45 with volume

- Target: $3.35 next support

📊 **Key Levels:**

- Resistance: $3.57 → $3.62 → $3.66

- Support: $3.48 → $3.45 → $3.35

#Layer1 #SUI #SmartMoney 📈

*(Always use proper risk management with volatile L1 assets)*$SUI