$SUI just broke out, but watch this level closely 🎯
Most traders are chasing $SUI right after it ripped 15% today, and that is exactly how you get trapped at the top. I watched it consolidate for weeks, and the breakout above $3.20 finally happened, but the real test is just starting.
Here is how I read the chart. The momentum is undeniable, fueled by massive spot volume and a broader altcoin rotation. But $3.50 is a heavy resistance zone where a lot of early buyers will take profit. If it clears $3.55 with conviction, we could see a quick run to $3.80. If it gets rejected and loses $3.30, the trap is set and we retest $3.10.
My rule for days like this: never market buy a 15% green candle. I set limit orders at the retest of the breakout zone between $3.20 and $3.25, then I just wait. Let the FOMO crowd pay the premium while you get a much better entry. Patience pays way more than chasing.
Are you buying this breakout or waiting for a pullback?
Disclaimer
Personal view, not financial advice. Crypto is volatile, do your own research.
