Sui Eyes $5.20 Next Month, $8.50 Medium-Term on Resistance Break
I see clear bullish potential for Sui, with a near-term target of $5.20 within the next month. The setup suggests momentum that could accelerate if price breaks key resistance levels.
If that breakout is confirmed, I expect a medium-term move toward $8.50 as bulls extend control. I remain cautious about false breakouts and will watch volume and confirmation signals closely.
I would manage risk by scaling in and using a stop below recent support, taking partial profits at the $5.20 mark and reassessing toward the $8.50 target.
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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.