$SUI /USDT – Bullish recovery, but meets strong resistance
SUI sharply bounced off the support level of $1.55 and is now trading near the resistance zone of $1.64–$1.66. The price shows early signs of rejection with upper wicks, indicating that buyers need to cleanly overcome this level for continuation. Otherwise, a pullback may occur.
Trading setup (Long position)
Entry range: 1.62 – 1.64
Target 1: 1.66
Target 2: 1.70
Target 3: 1.75
Stop-loss (SL): 1.59
Short forecast
SUI is in a bullish recovery phase, but the structure is not yet a confirmed breakout. If the price rejects at 1.66, a decline to 1.58–1.60 is possible before bulls attempt another push. A clean breakout above 1.66 would significantly shift momentum towards bullish.$SUI
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