Yesterday, we shared an updated outlook on Ethereum, and today, we’re shifting our attention to another equally promising opportunity: SUI.

From a risk management perspective, setups like these align with the continuation of the existing trend, which generally carries significantly less risk than attempting to catch a reversal.

For this reason, they are particularly well-suited for more conservative traders who prefer higher-probability entries within an established market direction.

SUI technical analysis

SUIUSD - 1 Day Time Frame

From a technical standpoint, our initial entry setup fulfilled both key criteria, validating the long setup as previously outlined. Since then, the price has moved in our anticipated direction — upward — and in doing so, has created an additional parameter that may offer a new opportunity for traders who have not yet entered the market.

Following our entry, the price respected the support zone we previously defined (which was originally a resistance zone), marked in orange on the attached chart. This was followed by an impulsive bullish move, strong enough to establish a second support zone — now forming the newly created entry condition.

SUI price target

Traders have the option to open a new position or add to an existing one. For those opting for a more aggressive approach, a Stop Loss order can be placed below the internal higher low, as indicated on the chart.

Additionally, for more structured risk management, the price must remain above the newly formed blue support zone on the daily timeframe. Specifically, the daily candle body should not close below it (though a wick below the zone is acceptable).

If the candle does close below this support, it is advisable to partially reduce exposure by closing a portion of the position early.

Whether entering with full or reduced volume, traders may target a potential move toward the next Buy-Side Liquidity level, followed by a push toward the psychological resistance at $6.5 in the coming days.