Sui Bullish Setup: $5.20 Near-Term, $8.50 Medium-Term if Resistance Breaks
I see bullish momentum in Sui, with a realistic near-term target of $5.20 over the next month. Price action and technical setup point to upside if SUI sustains a breakout above immediate resistance.
Technically, a confirmed break and follow-through could extend the rally toward $8.50 in the medium term, though continued upside depends on volume and macro risk. I’d watch key resistance and support levels closely for entry and risk management.
Analysis
Recommendation
Consider buying on confirmation of the breakout or accumulating on shallow pullbacks to nearby support, with a tight stop below the support level to manage risk.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.