$SUI – Technical Analysis 📊
Market Structure
Trend: Neutral → Bullish (higher lows forming)
Price is consolidating above a key demand zone, suggesting accumulation.
Breakout potential if volume expands above resistance.
Key Levels
Support Zones
S1: 1.55 – 1.58 (strong demand / buy-the-dip zone)
S2: 1.48 (trend invalidation below)
Resistance Zones
R1: 1.68 – 1.72 (major supply / rejection area)
R2: 1.85 – 1.90 (bullish continuation target)
Indicators
RSI: Around mid-zone (45–55) → room for upside
MACD: Flattening, early bullish crossover possible
Volume: Decreasing → volatility squeeze (move coming)
Trade Scenarios
🔹 Bullish Scenario
Hold above 1.55
Break & close above 1.72
Targets:
T1: 1.85
T2: 2.00
🔹 Bearish Scenario
Lose 1.48 support
Downside Targets: 1.40 → 1.32
Bias
👉 Slightly Bullish while above 1.55
Wait for confirmation at resistance before entering heavy positions.
