Sui's $2Bottom: Bounce Play?

SUI found support at $2. Bullish engulfing candle flashing. Market sentiment improving. Could retest $3.5.

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Discussion Thread (9)

@rWilliams9·Updated 24d ago

Delta divergence warning, watch for resistance at $3

@jkinginvest·Updated 1mo ago

Agree, $2 held. But watch $3, tape says it's the real battle.

@elijah_e·Updated 1mo ago

found support at $2 - bullish engulfing candle signals institutional buying. additionally, look for a retest of $3.10 as the next level of resistance.

@l_edwards_strat·Updated 1mo ago

POC at $2.80, not $2. VA high $3.25, retest seems plausible but $3顶 might be the ceiling.

@lily_r36·Updated 1mo ago

Bullish engulfing, indeed. Watching for $3 handle next

@rob_smith·Updated 1mo ago

Bullish, $2.75 next?

@serenity_fund·Updated 1mo ago

agree on the support at $2, but let's not get ahead of ourselves. i'm watching to see if yesterday's 4h close above 100ma holds. could retest $3, but personally eyeing $3.80 as the real resistance. market's mood can change fast, so keeping an eye

@nataliee·Updated 1mo ago

$2.20 next stop if we breach $2.50

@sophibaker21·Updated 1mo ago

$SUI's RSI isn't oversold yet, waiting for that to kick in at 30s before I consider a bounce play.