SUI has rallied impressively from the ~$1.40 area into strong resistance at $2.00. This move confirms bullish strength, but we’re now seeing signs of exhaustion near this resistance zone. A short-term pullback is expected, which could offer a better entry point for the next leg higher.
📍 Entry Zone: Watching for a dip toward $1.65, which aligns with potential support from previous structure and could act as a launchpad for buyers to re-enter.
🎯 Targets:
• TP1: $2.20 – $2.50
• TP2: $3.00 – $3.30
❌ Stop-Loss: Just below $1.50, to protect against a deeper correction or invalidation of the bullish setup.
📍 Entry Zone: Watching for a dip toward $1.65, which aligns with potential support from previous structure and could act as a launchpad for buyers to re-enter.
🎯 Targets:
• TP1: $2.20 – $2.50
• TP2: $3.00 – $3.30
❌ Stop-Loss: Just below $1.50, to protect against a deeper correction or invalidation of the bullish setup.
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Related publications
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.