SUI is currently trading at $1.8812, rebounding from support at $1.75 and testing the recent high resistance at $2.00. The upward momentum is building, with the price breaking above the $1.90 level. The next resistance levels are $2.05 and $2.20, with $2.05 being a critical short-term target. A breakout above $2.05 would confirm the bullish trend, potentially targeting $2.20. The support at $1.75 has held, indicating a strong foundation for the current uptrend. As long as SUI remains above $1.75, the bias remains bullish. Considering the current momentum, scaling in long positions above $1.93 or on a pullback to $1.88 could be strategic. A stop-loss below $1.75 would protect against potential reversals. Market sentiment is shifting in favor of the bulls, and SUI's technicals suggest further upside. Monitor the $2.05 and $2.20 resistance levels for potential price accelerations.
