💧 $SUI : THE ROAD BACK STARTS AT $1.32
$SUI is recovering near $1.02 after holding the $0.68 area. Now buyers need to reclaim lost ground.
My first checkpoint is $1.32. A weekly close above it and a successful retest would strengthen the case for $1.79, then $2.29.
If those levels turn into support, the broader recovery scenario brings $4.32 and $4.95 into focus. New highs would still require clearing the previous peak near $5.35.
The yellow path is my bullish scenario, with pullbacks along the way. A weekly breakdown below $0.68 would undermine it.
Nothing is guaranteed. Do Your Own Research.
$SUI is recovering near $1.02 after holding the $0.68 area. Now buyers need to reclaim lost ground.
My first checkpoint is $1.32. A weekly close above it and a successful retest would strengthen the case for $1.79, then $2.29.
If those levels turn into support, the broader recovery scenario brings $4.32 and $4.95 into focus. New highs would still require clearing the previous peak near $5.35.
The yellow path is my bullish scenario, with pullbacks along the way. A weekly breakdown below $0.68 would undermine it.
Nothing is guaranteed. Do Your Own Research.
