$SUI PROTOCOL (SUI) HOLDING RANGE SUPPORT! ARE BULLS READY TO RALLY BACK TO $1.2109?

Pair: $SUI /USDT (Futures)

Direction: LONG

Entry Zone: 1.1550 – 1.1615

Reward / Risk Ratio: 2.05R

Target Levels (Take Profit)

TP 1: 1.1850 +2.04%
TP 2: 1.2000 +3.33%
TP 3: 1.2109 +4.27%

Stop Loss

SL: 1.1350

Technical Breakdown

Price Action & Support: Following a retracement from peak resistance above $1.2500, SUI found clear demand near $1.1379 and has formed higher lows on the 1H chart. Price is currently holding above the $1.1500 key structural horizontal level.

Volume & Order Book Structure: The order book shows balanced buy interest near $1.1600–$1.1610 with over 140K SUI queued in immediate bid depth. Volume spikes on recent green candles indicate steady institutional re-accumulation.

Market Outlook: 24h Turnover of 46.29M USDT and Open Interest standing at 141.84M SUI demonstrate sustained trader participation. Holding above $1.1550 keeps the immediate trend setup aligned for a retest of $1.2000+.

$SUI