SUI continues to hold a bullish market structure despite increased volatility driven by macro headlines. Price action remains above the bull market support band, indicating strength and resilience. A notable confluence zone has formed between $2.40 and $2.80, where buyers previously stepped in aggressively.
This area is shaping up as a high-probability accumulation zone, especially if a liquidation wick drives price into it. A bounce from this range could initiate the next expansion leg upward.
🔹 Trade Setup
• Entry Zone: $2.40 – $2.80
• Take Profit Targets:
🥇 $3.40 – $3.60
🥈 $4.00 – $4.50
• Stop Loss: Daily close below $2.35
This area is shaping up as a high-probability accumulation zone, especially if a liquidation wick drives price into it. A bounce from this range could initiate the next expansion leg upward.
🔹 Trade Setup
• Entry Zone: $2.40 – $2.80
• Take Profit Targets:
🥇 $3.40 – $3.60
🥈 $4.00 – $4.50
• Stop Loss: Daily close below $2.35
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