SUI Market Update & Trade Plan
🚀 Trend: Bullish breakout confirmed
📊 Fundamentals: Strong DEX volume, network activity solid
Chart Analysis
Breakout level: $3.70 - $3.80 zone cleared
Immediate resistance: $4.10
Next upside target: $4.50 - $4.80
Imbalance zone: $3.50 (could act as magnet on pullbacks)
Trade Setup
Entry 1 (Conservative): Break and close above $4.10
Entry 2 (Aggressive): Buy around current support at $3.80
🎯 Targets:
TP1: $4.50
TP2: $4.80
TP3 (Extension): $5.00 (psych level, but $4.80 is structurally stronger)
🛑 Stop Loss:
Conservative: Below $3.65 (keeps structure intact)
Aggressive: Tight stop below $3.75
⚠️ Notes:
Expect short-term volatility due to global news (US-China talks)
Pullbacks to $3.65-$3.80 still keep the bullish structure intact
Watch for volume confirmation on breakouts
#TradeOfTheWeek #SUI #CryptoAnalysis #MarketUpdate #MarketAnalysis