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Technical analysis by SpecuVisionary about Symbol SUI: Buy recommendation (5/8/2025)

https://sahmeto.com/message/3494374
SpecuVisionary
SpecuVisionary
Rank: 529
2.7

SUI/USDT: From Base Building to Breakout

:Buy
Price at Publish Time:
$4.02
Profit Target:
(+14.51%)$4.6
Stop Loss Price:
(-16.61%)$3.35
Buy،Technical،SpecuVisionary

SUI’s daily chart embodies textbook base‐and‐breakout dynamics. Having bottomed near $1.91, reclaimed key demand at $2.28, and smashed through successive dynamic resistances, the chart now projects a clear path toward prior supply at $4.60 and beyond. That said, every breakout merits healthy skepticism: a retest of the $3.35–3.60 zone—and its ability to hold—will be the acid test of true strength. Next Steps for the Trader/Investor: monitor volume and price action in the coming sessions, be ready to buy on a clean retest, and manage risk tightly below invalidation levels. If SUI can sustain above $4.00 and flip former resistance into support, we may be witnessing the dawn of its next up-cycle.

Source Message: TradingView
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