🚀 $SUI Trade Setup: Ready for the Ride? 📈

Market Structure:

$SUI is showing bullish momentum, trading at ~$3.66 after a +5.95% surge in 24h (CoinMarketCap). It’s above the Ichimoku cloud on the 4H chart, signaling a strong uptrend with support at $3.40-$3.50. Resistance looms at $4.00-$4.40.

**Price Action**:

A breakout above $3.30 confirms a rounding bottom pattern. High volume backs the move, with Fibonacci levels eyeing $3.96 (.618) and $5.35 (prior high). Watch for a retest of $3.50 as a buy-back zone.

**Trade Setup**:

- Entry : $3.60-$3.62 (post-pullback to support).

- **Targets**: T1: $3.80, T2: $4.00, T3: $4.40.

- **Stop-Loss**: $3.40 (below Fair Value Gap).

- **Risk/Reward**: 1:2.5. Long above cloud, scale profits at resistance.

**Why It Matters**:

Sui’s DeFi ecosystem is booming, with $500M in bridged USDC and top-10 TVL. Institutional interest (Grayscale’s SUI trust) fuels the rally. A break past $4.00 could trigger a run to $7.03-$9.64 if BTC.D drops.

**Pro Tips**:

- Use BB Squeeze for breakout signals on 15m/3m charts.

- Monitor volume at $3.80 for rejection or continuation.

- Set alerts for BTC.D shifts to catch altcoin pumps.

- Always use stop-loss in volatile crypto markets.

Buckle up, traders! $SUI’s ready to roll. 🚗💨 #SUI #Binance #CryptoTrading #TradeSetup