$SUI: Prepares for Parabolic Phase: Key Technical Trigger Met

LONG SETUP SUI

Entry: $1.1787 - $1.1799
Stop Loss: $1.1380
Take Profit: $1.2619 (2R)

Key Levels: Support $1.1744 | Resistance $1.1900

Technical Analysis for $SUI: Price sits just above the 9EMA and holds near the 1hour support at 1.1744, with a clear bidside orderbook imbalance of ~15 %. EMA hierarchy and bullish BTC trend support a long bias. However, MACD is below signal and stochastic is bearish, warning of possible downside. Watch for a break above 1.19 for confirmation.

Market Context: BTC is in a bullish 4h and daily trend, up 0.39 % with broad market positivity (80.5 % green).

Can $SUI hold support and challenge resistance? Follow for more data-led market setups.

LONG $SUI