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As of June 10, 2025, SUI is trading around $3.43, showing strong bullish momentum while approaching a key resistance zone.
A potential long entry could be considered on a breakout above the $3.50 to $3.60 range, which would confirm strength and continuation of the current uptrend.
If this level is cleared with solid volume, the first target for profit-taking would be around $3.88, a zone of minor resistance and psychological relevance. š„³
Should momentum continue, the second target lies near $4.18, representing a previous support-turned-resistance area from SUIās prior run. š
The third target would be $4.49, which is the all-time high and likely to attract both profit-taking and fresh buying. š
For those looking to ride a strong bullish breakout, a final extended target near $5.00 may be achievable based on Fibonacci projections and market sentiment.š³
To manage risk effectively, a stop-loss should be placed just below $3.19, which sits under the most recent local support and would invalidate the short-term bullish structure if breached. This setup offers a favorable risk-to-reward ratio, particularly if the price reaches at least the second profit target. Traders should size their positions carefully, risking only 1ā3% of their capital depending on their strategy and conviction.
