$SUI BULLISH MOMENTUM – BREAKOUT LOOMS ABOVE $3.14 RESISTANCE
📈 Current Price: $3.1099 (+4.33%)
📊 24h High: $3.1423 | 24h Low: $2.9514
🔄 Volume (SUI): 33.85M | USDT Volume: 102.72M
📉 MA Levels:
MA(7): $3.1110
MA(25): $3.0991
MA(99): $3.0284
🔍 Technical Overview:
SUI is trading above all key moving averages, showing strong short-term momentum with rising volume and bullish market structure. The current price at $3.11 sits right near the MA(7) and is pressing into the $3.14 resistance zone—a clear breakout point to watch.
As long as price holds above $3.00, bulls are in control and continuation toward $3.25+ becomes likely.
📌 Key Levels:
Resistance:
🔼 $3.14 – Immediate breakout level
🔼 $3.20 – Short-term resistance
🔼 $3.28 – Target zone
Support:
🔽 $3.00 – Psychological and moving average support
🔽 $2.96 – 24h low
🔽 $2.90 – Trend invalidation
🟢 Trade Setup – LONG Position
> Entry: On breakout and close above $3.14
TP1: $3.20
TP2: $3.28
SL: $2.95 (below swing low & invalidation level)
💡 Early entries can consider $3.10 with tight SL and confirmation from volume.
⚠️ Risk Management Tips:
Max 1–2% risk of trading capital.
Look for volume confirmation above $3.14 – it’s crucial.
Use trailing stop after TP1 to lock in gains.
✅ Conclusion:
SUI is showing a textbook bullish structure with rising MAs, strong support, and volume expansion. A confirmed move above $3.14 will likely open the path toward $3.28+. Keep your risk tight, and watch for confirmation!
Let me know if you’d like a visual chart breakdown or multi-timeframe analysis! 📊🚀
#IsraelIranConflict #MetaplanetBTCPurchase #BombieBinanceTGE #SparkBinanceHODLerAirdrop #CardanoDebate $SUI