$SUI Bullish Breakout Signal
SUI just witnessed a short liquidation of $14.88K at $3.6326, indicating that sellers are getting squeezed out and bulls are gaining momentum—potentially setting the stage for a strong upside move.
Market Sentiment:
Bullish. The liquidation hints at rising buy-side strength and a shift in market control toward the buyers.
Key Levels to Watch:
Support Zone: $3.550 – $3.590
Breakout Level: $3.640
Next Resistance: $3.720 – $3.850
Trade Setup:
Buy Entry: $3.640 – $3.670 (on breakout strength)
Targets:
Target 1: $3.720
Target 2: $3.850
Target 3: $3.970 (extended rally)
Stop-Loss: $3.570 (beneath support and liquidity zone)
Strategy Notes:
Enter on a firm breakout above $3.640
Look for confirmation with rising volume or a clean retest
Keep stops tight to manage risk effectively
Outlook:
$SUI looks ready to push higher as pressure builds on short positions. If momentum continues,
we could see a sharp move toward $3.85 and beyond. A breakout is in play—stay focused.
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