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

SUI broke above its descending trendline with strong momentum, confirmed by an EMA cross and clean breakout retest. Price pushed into the 3.75–3.80 range before pulling back toward the 3.66 support area. If buyers hold this zone, the breakout structure remains intact and could fuel another leg higher. However, a break back below 3.66 would weaken the bullish bias and put the EMAs back under pressure. Key watchpoints: – Trendline break + EMA cross as bullish confluence – 3.66 as immediate support – Stoch RSI oversold, suggesting possible bounce potential