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$SUI Long Setup — Institutional Supply Shock Still Active
Price: ~$1.19 | Entry Zone Active ✅
40% rally in a week. RSI cooling down.
The pullback is healthy — the thesis isn't broken.
📌 Entry: $1.17 – $1.22 (Key Support Zone)
🎯 TP1: $1.25 — Minor Resistance
🎯 TP2: $1.30 — Mid-term Structural Level
🎯 TP3: $1.35 — Main Supply Objective
🛑 SL: $1.14 | R:R ≈ 1:2.4 ✅
🔹 108.7M SUI staked by a Nasdaq-listed firm — 2.7% of circulating supply removed from market in one move. Supply shock still in play.
🔹 $1.20 is the key support defending the trend. Hold above it = path to $1.40 reopens.
🔹 CME Group SUI futures launching May 29 — institutional on-ramp is 15 days away. Smart money positions before, not after.
🔹 USDsui stablecoin recycling yield into SUI buybacks — deflationary pressure building underneath.
⚠️ Watch: RSI was at 84 last week — cooldown is expected and healthy. Break below $1.10 with volume = deeper pullback toward $1.00. SL at $1.14 is firm.
Supply shock intact. CME futures 15 days away. $1.20 support holding.
Is
$SUI heading back to $1.41 and beyond? 👇
Not financial advice. DYOR.
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