đš $SUI Support & Resistance Levels â Critical Zone Alert! đ
Hey crypto fam! đđą
$SUI is showing signs of a potential bounce back after hitting a local bottom at $2.68, forming a solid support level! đĄïž This level has held strong despite the recent bearish pressure, hinting that bulls might be stepping in! đđ„
đ Key Levels to Watch:
đč Support Zone:
$2.68 â Strong bounce observed, acting as a short-term floor.
Below this, psychological support may lie around $2.50, but that hasn't been tested yet.
đč Resistance Levels:
$2.95 â Near the MA(99) line. A break above this could invite fresh buying interest.
$3.19 â Next resistance aligned with MA(25); flipping this could open doors to $3.30+.
$4.29 â Major resistance and a long-term target if bullish momentum continues đ
đĄ The yellow arrow on the chart signals a bullish setup potentially forming â if volume and momentum build up, we could see $SUI retesting the $3+ range soon. But confirmation is key! đ§
đč Indicators to Monitor:
MACD is flattening, suggesting sellers are losing strength.
Volume uptick is essential to break resistance zones.
đ„ Strategy Tip:
Consider accumulating in support zones and watch for a breakout above $2.95 with strong volume for confirmation. đâ
