$SUI
SUI is around $1.25, up roughly 7% today, with price pushing as high as $1.29 on Binance. Trading activity has also picked up sharply during the move.
What has my attention is the structure. SUI has broken above a long downtrend, and recent protocol updates around gasless stablecoin transactions have added another reason for the market to keep watching it.
My key zone now is $1.16–$1.20. I’d rather see SUI retest that area and hold than enter after a vertical push.
On the upside, $1.28–$1.29 is the immediate resistance. A clean breakout and hold above it would put $1.38 on my radar, with $1.50 becoming interesting if momentum continues.
For me, the setup weakens below $1.16.
I’m watching the retest more than the pump.
Would you wait for a pullback on SUI or trade the $1.29 breakout?
#SUI #Sui #Crypto #Trading #BinanceSquare
SUI is around $1.25, up roughly 7% today, with price pushing as high as $1.29 on Binance. Trading activity has also picked up sharply during the move.
What has my attention is the structure. SUI has broken above a long downtrend, and recent protocol updates around gasless stablecoin transactions have added another reason for the market to keep watching it.
My key zone now is $1.16–$1.20. I’d rather see SUI retest that area and hold than enter after a vertical push.
On the upside, $1.28–$1.29 is the immediate resistance. A clean breakout and hold above it would put $1.38 on my radar, with $1.50 becoming interesting if momentum continues.
For me, the setup weakens below $1.16.
I’m watching the retest more than the pump.
Would you wait for a pullback on SUI or trade the $1.29 breakout?
#SUI #Sui #Crypto #Trading #BinanceSquare