$SUI /USDT LONG TRADE SETUP
$SUI is currently trading at $1.06, having recently established a 24h low of $1.06 following a period of intense selling pressure. The 15m chart shows the price is beginning to stabilize above a "must-hold" support zone near $1.05, where long-tail rejection candles suggest buyer interest is returning. Despite a recent 35% monthly decline and the impact of a significant token unlock, the Relative Strength Index (RSI) is in deeply oversold territory (below 30), signaling a high probability of a relief bounce as the trend reaches exhaustion.
Target Points
TP1: $1.15 (Immediate resistance and upper 24h range)
TP2: $1.26 (Breakout level to confirm local reversal)
TP3: $1.41 (Key technical resistance and recovery goal)
Stop Loss
Set stop loss below $0.98 to manage risk against a potential breakdown toward the next major demand zone.
Buy and Trade here on $SUI
