$SUI — Weekly Retest at $3.0–$3.2 Support 🛡️

[theSignalyst]

$SUI surged earlier this year and has since been consolidating on the weekly chart. Price is now hovering around a support zone at $3.00–$3.20, which previously acted as resistance and later flipped to support. As long as this band holds, the broader structure stays constructive.

Key levels

Support: $3.00–$3.20 (current decision zone)

Resistance: $3.95–$4.10 then $4.80–$5.00

Deeper supports: $2.00–$1.80, then $1.00–$0.80 if the floor breaks

🧭 Confluence

Prior resistance → support flip

Multi-touch horizontal level on the weekly

Pullback within a broader higher-low structure

Scenarios

Bullish: Hold $3.00–$3.20 and print a higher low → room toward $3.95–$4.10, then $4.80–$5.00.

Bearish: Weekly close below $3.00 → rotation toward $2.00–$1.80 before buyers try again.

Do you expect $SUI to defend this weekly band for another leg up, or do we revisit the mid-range first?

️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

Stick to your trading plan regarding entries, risk, and management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr