#SUI🔥 . .
SUI ($SUIUSDT) – LONG Setup Overview
Current Price: 3.8924
Entry Price: 3.7655
Position Type: Perpetual Long
Leverage: 3x
Current PnL: Positive (+2.66%)
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Technical Setup – 4H Timeframe
SUI Chart Pattern: Bull Flag Formation
Pattern: Bull flag (bullish continuation)
Resistance: Upper trendline of the flag pattern
Immediate Support: $3.7660 (previous breakout/entry zone)
Secondary DCA Level: $3.6219 (deeper support for potential averaging in)
Implication:
If price holds $3.7660 and confirms a breakout above the flag, this may validate continuation to the upside.
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Targets (Profit-Taking Zones)
1. TP1: $3.90 (just hit or near)
2. TP2: $4.15
3. TP3: $4.40
Consider trailing stop-loss once TP1 is secured to lock in profits and reduce risk.
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Macro Altcoin Sentiment
"Others" Chart
Pattern: Inverse Head and Shoulders breakout
Status: Successful neckline retest
Implication: Bullish momentum in mid-cap and low-cap alts may follow
BTC Dominance (BTC.D)
Pattern: Rising wedge breakdown (bearish)
Status: Clean retest completed
Implication: Capital rotation likely toward ETH and altcoins
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Conclusion
This is a technically strong long setup on SUI, supported by both individual chart structure and broader market sentiment. Key levels are holding and align with a continuation scenario, but risk management is essential — especially if SUI falls below $3.6219.
Would you like a visual chart annotated with these patterns and levels?
