$SUI LONG BIAS IS BACK ... RETEST HELD, BULLS ARE RELOADING
SUI played out the correction exactly as expected. Price pulled back, flushed weak hands, and 1.05 support held cleanly. That matters because the broader structure is still intact.
Now price has recovered back toward 1.23, and momentum is building again.
Current Price: ~1.23
Short-Term Support: 1.18–1.20
Major Support: 1.05
Immediate Resistance: 1.24–1.25
Breakout Level: 1.30
Next Target: 1.35
Extended Target: 1.40+
What I like here is the reaction after the retest. Buyers defended the dip, price formed a strong recovery, and we are once again pressing toward the previous high around 1.30.
As long as SUI keeps holding above the 1.18–1.20 area, I prefer the long side. A clean break and hold above 1.30 can trigger the next continuation leg toward 1.35–1.40.
For me, the setup only starts weakening if price loses the reclaimed support and slips back toward 1.05.
Trade on $SUI
SUI played out the correction exactly as expected. Price pulled back, flushed weak hands, and 1.05 support held cleanly. That matters because the broader structure is still intact.
Now price has recovered back toward 1.23, and momentum is building again.
Current Price: ~1.23
Short-Term Support: 1.18–1.20
Major Support: 1.05
Immediate Resistance: 1.24–1.25
Breakout Level: 1.30
Next Target: 1.35
Extended Target: 1.40+
What I like here is the reaction after the retest. Buyers defended the dip, price formed a strong recovery, and we are once again pressing toward the previous high around 1.30.
As long as SUI keeps holding above the 1.18–1.20 area, I prefer the long side. A clean break and hold above 1.30 can trigger the next continuation leg toward 1.35–1.40.
For me, the setup only starts weakening if price loses the reclaimed support and slips back toward 1.05.
Trade on $SUI
