$SUI is grinding higher with a textbook higher highs and higher lows structure, and buyers are once again testing the local resistance near $0.78. The trend remains intact, but the next move depends on whether bulls can reclaim the recent swing high or face another short-term rejection.
Entry: $0.7650–$0.7720
Target 1: $0.7800 🎯
Target 2: $0.7950 🎯
Target 3: $0.8150 🎯
Stop-loss: $0.7480
The chart shows a strong bullish continuation structure after recovering from the $0.67 region, with every pullback being bought aggressively and price consistently printing higher lows. The latest consolidation below $0.78 appears healthy rather than weak, indicating buyers are absorbing selling pressure instead of allowing a deeper correction. RSI is trading in the overbought zone, so a brief cooldown or sideways consolidation would be a healthier path before continuation. A decisive hourly close above $0.7800 would confirm the next leg higher, while a break below $0.7480 would weaken the current bullish market structure.
Trade #sui here
$LAB $VELVET
Entry: $0.7650–$0.7720
Target 1: $0.7800 🎯
Target 2: $0.7950 🎯
Target 3: $0.8150 🎯
Stop-loss: $0.7480
The chart shows a strong bullish continuation structure after recovering from the $0.67 region, with every pullback being bought aggressively and price consistently printing higher lows. The latest consolidation below $0.78 appears healthy rather than weak, indicating buyers are absorbing selling pressure instead of allowing a deeper correction. RSI is trading in the overbought zone, so a brief cooldown or sideways consolidation would be a healthier path before continuation. A decisive hourly close above $0.7800 would confirm the next leg higher, while a break below $0.7480 would weaken the current bullish market structure.
Trade #sui here
$LAB $VELVET