SUIUSDT perfectly played out my previous trading idea. Price has completed a strong impulsive advance and is now stabilizing above the 1.70 support cluster, where the rising trendline and prior breakout base converge. The recent pullback appears controlled rather than aggressive, with price respecting higher-low structure inside the broader upward channel. This behavior suggests the move is corrective, not distributive.If demand continues to hold this support zone, SUI could rebuild momentum and push back toward the 2.00 resistance area, where the previous high was formed. A sustained bid from this level would favor trend continuation, keeping upside pressure intact despite short-term consolidation.
➡️ Primary scenario: support holds at 1.70 → advance toward 2.00.
⚠️ Risk scenario: a decisive breakdown below 1.68 may weaken structure and delay the bullish continuation.
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
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🥇 Gold & Forex market analysis🥇
📊 24/7 AI chart bot
👇 Explore the tools and follow my updates:
t.me/lingridchannel
👇Telegram For Crypto
bit.ly/3JIGE2j
📊 24/7 AI chart bot
👇 Explore the tools and follow my updates:
t.me/lingridchannel
👇Telegram For Crypto
bit.ly/3JIGE2j
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.