$SUI
📊 SUI/USDT – 1H Trendline Re-Test Long Setup

🕐 Timeframe: 1H

💰 Current Price: $3.656

📈 Trend Context: SUI has been respecting a long-term ascending trendline since mid-April. Price is now testing this support again after a prolonged range and slight pullback, potentially setting up for a bounce.

🟩 Entry Plan (Long Bias):

📌 Entry Options:

Aggressive Entry: $3.63 – $3.68 (current price zone, anticipating a bounce)

Retest Entry: $3.55 – $3.60 (deeper touch of the trendline support)

Breakout Entry: $3.95+ (confirmation through recent range high breakout)

🎯 Take-Profit Targets:

TP1: $3.90 (range mid/high)

TP2: $4.15 (previous swing high zone)

TP3: $4.50 (strong resistance and psychological level)

🛡️ Stop-Loss:

SL: $3.44 (below trendline and key structure low)

⚖️ Risk-Reward Example:

Entry: $3.63

SL: $3.44

TP2: $4.15 → Risk:Reward ≈ 2.7:1

🔄 Alternate Bearish Scenario:

If SUI breaks and closes below $3.44:

📉 Potential drop to $3.10 and $2.80

Consider a short setup on bearish retest of broken trendline

✅ Confirmation Triggers:

✅ 15m–1H bullish engulfing candle on trendline

✅ RSI bounce from oversold zone

✅ Volume pickup on green candles

🔥 Signal Strength:

Moderate–High – Trendline is long-standing and price is showing signs of holding above it. A bounce could lead to range reclaim or breakout.