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$SUI has gone through a recent correction, but it looks like it found a pretty solid base around the $1.8202 low. After that drop from $2.5922, the price is now steadily climbing back, sitting around $2.0302, which is a great sign that buyers are stepping in to defend this area.
The key challenge now is breaking through the immediate overhead resistance to confirm a bullish reversal.
Long on a clear break and sustained close above the immediate resistance.
🔹Entry: Confirmed 4H close above $2.123 (Next horizontal pivot).
🔹Target 1 (T1): $2.2911 (Previous consolidation support now resistance)
🔹Target 2 (T2): $2.4610 (Major mid-range resistance)
🔹 Stop-Loss (SL): A sustained close back below $1.9514 would be the signal to exit and manage risk.
#SUI #SuiNetwork #GregLens