$SUI /USDT BULLISH BREAKOUT IN PLAY – EYES ON NEW HIGHS

SUI/USDT is showing strong bullish momentum, trading at $2.83 (+3.94%), after bouncing from $2.71 and testing the recent high at $2.84. Price action suggests potential continuation if bulls maintain control.

🔍 Key Technical Levels:

Current Price: $2.83

Support Levels:

$2.8000 – Minor intraday support

$2.7170 – Strong daily support (24h low)

Resistance Levels:

$2.8439 – Immediate resistance (24h high)

$2.9000 – Psychological level

$3.0000 – Major breakout target

📈 Trade Setup:

Long Entry:

On breakout and 4H close above $2.8450 with strong volume

OR

Pullback entry near $2.7900–2.8000 zone with bullish confirmation (wick rejection or bullish engulfing)

Targets (TP):

TP1: $2.90

TP2: $2.97

TP3: $3.05

Stop Loss (SL):

Below $2.7150 (break of bullish structure)

✅ Risk Management:

Risk only 1–2% of your capital per trade

Wait for candle close confirmation above resistance before entering

Adjust position size based on volatility and SL distance

🧠 Note: SUI is approaching a key resistance zone. A clean break above $2.84 with sustained volume can trigger rapid upside toward $3.00. However, failure to break may lead to a pullback toward the $2.75–2.78 zone before another attempt.

Let me know if you’d like scalping levels or RSI/MACD analysis for better entry timing!

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