$SUI /USDT TECHNICAL ANALYSIS – BULLISH CONTINUATION LIKELY 📈
$SUI /USDT is showing bullish strength with a steady recovery from recent lows, indicating buyers are gradually taking control. Price is holding above key short-term support and stabilizing near the mid-range, suggesting potential upside continuation if resistance is broken. Volume remains healthy, supporting the possibility of a bullish follow-through.
Immediate Market Move Explanation:
After defending the 1.79–1.80 support zone, SUI has formed a higher base and is consolidating below resistance. This structure favors a bullish breakout, especially if price sustains above the intraday VWAP and short-term EMAs.
Trade Setup (LONG 📊)
Entry: 1.80 – 1.82
Stop Loss (SL): 1.74
Targets (TP):
TP1: 1.86
TP2: 1.92
TP3: 2.00
(Risk-managed trade: SL below recent swing low)
Short-Term Market Outlook:
As long as SUI holds above 1.74, the bias remains bullish. A clean breakout above 1.86 could accelerate momentum toward the 2.00 psychological level. Failure to hold support may lead to short-term consolidation before the next move.
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