$SUI | Phase of consolidation before growth
The analysis of the chart shows that the asset is in a phase of sideways movement and accumulation. The price is consistently held above a key support level, which may indicate a gradual formation of buying interest and preparation for a potential move.
Trading plan for consideration:
Entry zone for positioning: 1.5380 – 1.58
Protective level (stop-loss): 1.3500
Levels for profit fixation:
Target 1: 1.6550
Target 2: 1.7850
Target 3: 1.9280
The key condition is to wait for the formation of a position in the specified entry zone, avoiding rash decisions during sharp price movements.
SUIUSDT
Perp
1.4741
-1.40%