Technical analysis by SiDec about Symbol SUI: Buy recommendation (9/1/2025)

For almost 2 months, SUI has been trading sideways in a range between $4 and $3. Today, price tapped the 0.618 Fib retracement ($3.115) of the entire move and bounced, giving a clean long trigger. Looking ahead, the 1.0 trend-based Fib extension sits at $3.00 → a psychological key level in confluence with the 0.666 Fib retracement, making it the ideal long entry if price sees another drop. 🧩 Confluence Support Zone 0.618–0.702 Fib retracement → primary long entry range Trend-based Fib extension 1.0: $3.00 0.666 Fib retracement: overlapping $3.00 377 EMA (daily): $2.919 377 SMA (daily): $3.03 🟢 Long Trade Setup Entry Zone: $3.115 (0.618) → down to $3.00 (extension + retracement confluence) Best Entry: Around $3.00 Stop-Loss: Below $2.80 (beneath 377 EMA support) Target: Range highs Potential Move: +50% R:R: 1:5+ 🔍 Indicators used Multi Timeframe 8x MA Support Resistance Zones [SiDec] → to identify support and resistance zones such as the weekly 21 EMA/SMA. ➡️ Available for free. You can find it on my profile under “Scripts” and apply it directly to your charts for extra confluence when planning your trades. _________________________________ 💬 If you found this helpful, drop a like and comment!0.618 Fib +3% bounce: