USDT LONG TRADE SIGNAL – REBOUND FROM SUPPORT WITH UPSIDE POTENTIAL
Entry Price: $3.0386
Target 1: $3.1000
Target 2: $3.2000
Final Target (TP3): $3.3000
Stop Loss: $2.9000
Trade Justification:
#SUI is exhibiting notable signs of recovery after consolidating above the $3.0300 level. The price recently dipped to a low around $3.0306, where buying pressure emerged, establishing a robust support zone. Immediate resistance lies between $3.10 and $3.30, indicating a potentially smooth ascent should bullish momentum persist.
A confirmed breakout above $3.1000 may open the path toward $3.2000, with a final objective at $3.3000. Provided the price remains above the $2.9000 support, the bullish scenario remains intact.
Risk Management Advice:
Once the initial target has been achieved, it is advisable to trail your stop-loss above the entry point. This approach serves to minimise risk exposure while still participating in the potential upward movement.