$SUI continues to hold a constructive bullish structure after defending the $0.9527 support level. The reaction from this zone was controlled and strong, showing clear demand absorption. Sellers attempted to push lower but failed to create continuation. Instead, price stabilized and began forming higher lows on the lower timeframes.
Currently, $SUI is consolidating around $0.9819. This tight compression below resistance suggests accumulation rather than distribution. When price holds near highs without sharp rejection, it often signals strength. The key resistance zone stands between $0.9909 and $1.0000. A clean breakout and sustained hold above $1.0000 would confirm continuation and likely trigger buy-side liquidity resting above recent highs.
Momentum remains supportive. The move off $0.9527 was impulsive, and pullbacks have been shallow. This indicates buyers are stepping in early rather than waiting for deep retracements. Liquidity is clearly positioned above $1.0000, and the market tends to seek those levels when structure remains intact.
As long as $SUI trades above reclaimed support and maintains higher lows, bullish continuation remains favored over reversal.
EP: $0.975 – $0.982
TP1: $0.9910
TP2: $1.0100
TP3: $1.0200
SL: $0.950
Trend strength remains positive with consistent higher lows after defending $0.9527.
Momentum shows compression below resistance, typically a precursor to expansion.
Holding above $0.950 keeps structure intact and increases probability of a push through $1.0000 toward higher liquidity.
Risk is clearly defined below $0.950. While price remains above support, upside continuation toward $1.0100 and $1.0200 remains the higher probability path.
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