$SUI is trading in a very interesting zone, testing a key higher-timeframe support area.
On the 12H chart, SUI is consolidating around $1.00–$1.02 after a significant correction. The next major level to watch is $1.075.
📈 BULLISH SCENARIO
A breakout above $1.075, followed by a sustained hold and successful retest, could open the way toward $1.15, $1.25 and potentially $1.40.
🎯 KEY LEVELS TO WATCH
• Support Zone: $0.92–$1.00
• Breakout Confirmation: $1.075
• Major Upside Target: $1.40
• Deeper Support: $0.74–$0.92
⚠️ Until the breakout is confirmed, SUI could continue consolidating or revisit lower support levels.
Patience is key. Wait for confirmation rather than chasing the breakout.
On the 12H chart, SUI is consolidating around $1.00–$1.02 after a significant correction. The next major level to watch is $1.075.
📈 BULLISH SCENARIO
A breakout above $1.075, followed by a sustained hold and successful retest, could open the way toward $1.15, $1.25 and potentially $1.40.
🎯 KEY LEVELS TO WATCH
• Support Zone: $0.92–$1.00
• Breakout Confirmation: $1.075
• Major Upside Target: $1.40
• Deeper Support: $0.74–$0.92
⚠️ Until the breakout is confirmed, SUI could continue consolidating or revisit lower support levels.
Patience is key. Wait for confirmation rather than chasing the breakout.