Trade Update – SUI: SUI is currently testing a major support zone around its 50-week moving average and the previous high, making it a key level to watch. A bounce from here could signal strong upside potential. Entering a buy position at this level with a stop-loss at 2.20 to manage risk effectively. A breakout above resistance could lead to further gains. 📈
Trade active
First target would be around $2.75- $2.90 which is 0.23 fibo + 4hr 200 MA Zone
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.