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$SUI Sharp Rally Cooling Down… Bulls Defending The $1.03 Support
Volatility High After Explosive Breakout Move
Trade Setup (Long)
Entry: 1.05 – 1.08
Stop Loss: 1.01
Take Profit: 1.18 – 1.32
SUI recently exploded toward the 1.42 resistance area after a powerful breakout rally. Following that move, price entered a correction phase as traders secured profits and momentum cooled across the market.
Despite the pullback, buyers are still attempting to defend the 1.03 support region while price searches for stability. If bulls reclaim the 1.18 level with stronger volume, another recovery wave toward higher resistance zones becomes possible. Keep focus on confirmation and risk management while volatility remains elevated.
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