🚀 $SUI /USDT – Trendline Bounce Detected! 🔥
Current Price: $2.9111 (+0.69%)
$SUI just respected its ascending trendline with a clean technical bounce, maintaining its bullish market structure. Buyers stepped in right on cue, signaling strength and potential for a short-term continuation move.
📊 Trade Setup:
• Entry: $2.9095
• Target 1 (TP1): $2.9400
• Target 2 (TP2): $2.9500 ✅
• Stop Loss (SL): $2.8900
⚡ Technical View:
The trendline has acted as a dynamic support multiple times. Price reacted with a bullish engulfing candle, and volume is beginning to pick up — suggesting buyer interest.
🛡 Risk Note:
SL below $2.8900 keeps risk contained. If broken, trendline structure is invalidated — exit quickly.
🔄 Strategy Breakdown:
This is a bounce-trade setup off a well-respected ascending trendline. The move targets a push back toward recent local highs, riding short-term momentum while protecting downside.
📢 Follow @bullishbanteer for more live crypto setups and breakout alerts! 📈🔥