đ$SUI Trading Setup
The market sentiment is currently Bearish to Neutral in the short term due to supply pressure, but technical indicators like the RSI are approaching oversold territory, suggesting a potential "oversold bounce."
Entry Zone: $1.08 â $1.15
Reasoning: This area aligns with the recent 24-hour low and acts as a psychological floor. Buyers are stepping in here to defend the $1.00 level.
Profit Targets (TP)
If the support holds, look for these levels to scale out of your position:
Target 1: $1.28 (Immediate resistance / 20-EMA)
Target 2: $1.45 (Significant technical breakout level)
Target 3: $1.70+ (Medium-term recovery goal if momentum shifts)
Stop Loss (SL): $0.98
Critical Note: A daily candle close below $1.00 invalidates the bullish recovery thesis. Setting the SL at $0.98 provides a small buffer for "wicking" volatility.
đĄ Strategy & Risk Management
Token Unlocks: Be aware that SUI has monthly unlocks. The most recent release (Feb 1, 2026) added roughly $65M worth of tokens to the supply, which is the primary cause of the current price dip.
Leverage: If trading on Binance Futures, it is recommended to keep leverage low (3x - 5x) given the current "Extreme Fear" sentiment in the market index.
Risk/Reward: At an entry of $1.12 with a target of $1.45 and a stop at $0.98, your Risk/Reward ratio is approximately 1:2.3, which is a healthy setup.
