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.
