$SUI Bullish Retest Setup**
**Current Price**: $1.624
**Key Level**: Retesting major demand zone $1.58 – $1.65
- Confluence: 200-day EMA, 0.618 Fibonacci retracement of Nov–Dec rally, and high-volume node from October breakout
- Previous swing lows defended 3 times since September
- RSI (14) 42 → oversold territory with bullish divergence on 4h MACD
- $82M token unlock on Dec 1 fully absorbed without breakdown → strong underlying demand
**Trade Plan**
Entry Zone: $1.58 – $1.65 (prefer limit orders on retest)
Take-Profit Levels:
• TP1: $1.85 (+14%) – 30–50% position
• TP2: $2.10 (+29%) – next 30%
• TP3: $2.50 (+54%) – runner with trailing stop
Stop-Loss: $1.49 (daily close basis) – below structural low
Risk/Reward: 1:4+ average
Suggested Allocation: 1.5–3% of portfolio (spot
or ≤3x perpetual)
High-conviction mean-reversion long with favorable macro and fundamental tailwinds.
Not financial advice — trade at your own risk and manage position sizing accordingly.
