🚀 $SUI Technical Setup: Defending the $1.00 – $1.05 Structural Support Zone!

$SUI is consolidating near the $1.02 – $1.08 region after holding key range support above the psychologically critical $1.00 level. Strong on-chain TVL metrics and steady layer-1 activity continue to provide solid underlying demand during market pullbacks.

📊 Updated Trade Setup:

🎯 Entry Zone: $1.00 – $1.06

📈 Target 1 (TP1): $1.18

📈 Target 2 (TP2): $1.28

🛑 Stop Loss (SL): $0.94

💡 Technical Analysis:
Defense of the $1.00 demand floor maintains the broader higher-low structure on the daily chart. A volume-backed 4-hour close above immediate resistance at $1.13 will clear the path for momentum buyers to retest upper liquidity pools around $1.20+. Always respect your risk parameters!

👇 Are you building a position in $SUI at these support levels or waiting for a confirmed resistance breakout? Drop your strategy below!

⚠️ Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice. Always Do Your Own Research (DYOR) and manage your risk strictly.

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