Title: $SUI at Crucial Support! ๐ Bullish Bounce or Deeper Correction? ๐
SUI is currently testing a major support zone around the $1.78 - $1.80 level on the 1-hour chart. Historically, this area has acted as a strong floor for buyers. If the bulls hold this level, we could see a quick relief rally!
Technical Insights:
โ Support Zone: $1.78 remains a key area. Buyers are trying to defend this level.
๐ Immediate Resistance: $1.85. A break above this will confirm the short-term reversal.
๐ Potential High: A successful bounce could lead SUI back to the $1.94 resistance zone.
๐ฏ Trade Setup:
๐ข Entry Zone: $1.78 - $1.80
๐ฏ Target 1: $1.86
๐ฏ Target 2: $1.91
๐ฏ Target 3: $1.94+
๐ Stop Loss: $1.74 (To stay safe from a breakdown)
Watch the 1-hour candle close closely. Are you buying the dip on SUI? ๐๐
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