SUI COIN SIGNAL ALERT
SIGNAL TYPE : LONG
COIN NAME : $SUI
1) This is the SUI 1-hour chart showing price movement within an ascending channel 📈. Currently, the price is nearing the upper boundary of the channel, suggesting a potential breakout 🚀. The RSI is showing strength above 50, indicating that the bullish momentum is intact 🔥.
2) THE chart shows the others on the 4h-hour timeframe 📈. The market is trending inside an ascending channel with recent rejection from the upper boundary 🔼. The price is currently retracing towards the lower trendline support 🛡️. The RSI indicator is near the oversold region, hinting at a possible bounce soon 🚀. A bullish structure is still intact unless the lower support breaks.
3) Liquidation Heatmap. The chart displays liquidity zones where leveraged positions may get liquidated (shown in yellow). The thicker yellow bands around 3.60-3.70 suggest areas of significant leveraged positions, which could act as price magnets. These areas are likely where liquidation triggers can occur, leading to price movements toward them 📉. The price is currently consolidating around 3.50, and a potential move toward these higher liquidity levels could be expected 🚀. Monitoring these zones helps anticipate price reactions, as market makers often target these areas to trigger liquidations 🔥.
ENTRY PRICE : 3.4795 ( or market price)
1st tp: 3.7300
2nd tp: 3.8979
3rd tp: 4.0457
SL : 3.2484 ( This trade only for spot and sl for future )
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