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Technical analysis by Lingrid about Symbol SUI: Buy recommendation (7/17/2025)

https://sahmeto.com/message/3640946
Lingrid
Lingrid
Rank: 28439
1.4
Buy،Technical،Lingrid

SUIUSDT has rebounded strongly from the support level at $3.60, continuing its bullish sequence of higher highs and higher lows. The price broke out of the consolidation zone and climbed above the blue upward trendline, confirming a continuation of the bullish trend. A retest of the breakout area is likely before a push toward the major resistance zone at $4.50. The structure remains bullish as long as the channel support holds. 📉 Key Levels Buy trigger: Bounce from $3.60 zone Buy zone: $3.55–$3.70 (retest range) Target: $4.50 (red resistance line) Invalidation: Close below $3.45 trendline support 💡 Risks Breakdown of the black channel line Volume divergence or failure to hold the $3.60 support Broader market weakness across altcoins If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$4.5
Stop Loss Price
$3.45
Price at Publish Time:
$4
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