Breakout Above Moving Averages and Strong Volume Support Potential Upside – $SUI /USDT

Current Price: $3.9308

Technical Reason:

Price is holding above all key moving averages:

Volume is consistent with MA(5): 795K & MA(10): 792K – no sharp drop, indicating sustained interest.

Price bounced cleanly off $3.75 zone and is forming higher lows.

RSI (not shown) likely trending upward due to consolidation breakout.

Trade Setup (Long Bias)

Entry Zone: $3.90 – $3.94

Take Profits:

• TP1: $4.08

• TP2: $4.22

• TP3: $4.40

Stop Loss: $3.75 (Below MA cluster)

Pro Tip:

Wait for 15m candle close above $3.94 for confirmation. Use trailing stop once TP1 is hit to secure gains.