$SUI NETWORK (SUI) RECLAIMING MOVING AVERAGE SUPPORT FOR A BULLISH CONTINUATION REBOUND! ARE BULLS TARGETING $1.152 NEXT?
Pair: $SUI /USDT
Direction: LONG
Entry Price: 1.074
Target Levels (Take Profit)
TP 1: 1.103 +2.70%
TP 2: 1.123 +4.56%
TP 3: 1.152 +7.26%
Stop Loss
๐ SL: 1.035
Technical Breakdown
Price Action & Structure: SUI ($1.074) executed a bottoming reversal following a capitulation drop down to test $1.00. Steady green candle expansion out of the lower Bollinger Band confirms aggressive buyer absorption and structural momentum shift back into the profit zone.
Moving Averages & Confluence: Price action has successfully crossed above short-term MA 7 (~1.050) and is currently testing dynamic resistance at intermediate MA 25 (~1.075). A clean breakout above MA 25 clears the path toward baseline MA 99 (~1.140), aligning with the TP 3 target level.
RSI (14) has surged from deeply oversold levels below 20.00 back above the neutral 50 line toward 55.00โ60.00, confirming strong upside momentum. The MACD histogram continues printing expanding cyan bars, with signal lines trending upward to confirm ongoing buyer control.
$SUI
Pair: $SUI /USDT
Direction: LONG
Entry Price: 1.074
Target Levels (Take Profit)
TP 1: 1.103 +2.70%
TP 2: 1.123 +4.56%
TP 3: 1.152 +7.26%
Stop Loss
๐ SL: 1.035
Technical Breakdown
Price Action & Structure: SUI ($1.074) executed a bottoming reversal following a capitulation drop down to test $1.00. Steady green candle expansion out of the lower Bollinger Band confirms aggressive buyer absorption and structural momentum shift back into the profit zone.
Moving Averages & Confluence: Price action has successfully crossed above short-term MA 7 (~1.050) and is currently testing dynamic resistance at intermediate MA 25 (~1.075). A clean breakout above MA 25 clears the path toward baseline MA 99 (~1.140), aligning with the TP 3 target level.
RSI (14) has surged from deeply oversold levels below 20.00 back above the neutral 50 line toward 55.00โ60.00, confirming strong upside momentum. The MACD histogram continues printing expanding cyan bars, with signal lines trending upward to confirm ongoing buyer control.
$SUI