SUI bullish setup with near-term targets and key support

The post expresses a bullish expectation for SUI, framed around an ongoing up move and the risk of stop-hunt behavior. The main thesis is a continuation toward a $3.85 target with risk clearly defined around a key support near $3.50. The narrative relies on price action and chart behavior rather than fundamental catalysts, implying a technical-driven stance with near-term horizons.

Key factors include: (1) a favorable upward trend allowing for upside toward the 3.85 level, (2) potential for stop-triggering moves that could temporarily dip price, and (3) a critical test of support around $3.50 that would determine whether the bullish setup remains viable. The argument would be strengthened by confirmation signals (volume, pattern breakouts, or momentum shifts) and a clear stop-loss plan if the support fails.

Implications depend on near-term price action. If SUI holds the $3.50 area, the path to the $3.85 target looks plausible, possibly supported by continued bullish sentiment. If support fails, expect a short-term pullback or re-evaluation of the setup, with risk controls and an invalidation level around the break of $3.50 to manage downside. The absence of external catalysts means this remains a purely chart-driven view with emphasis on price levels and risk management.