💥 $SUI /USDT – Holding the Line at Support, Breakout Brewing! 🚀📈
$SUI is currently trading at $2.86 (-1.74%), consolidating just above the key intraday support zone at $2.83–$2.80 after a rejection from $2.93. Strong volume near support hints at a potential rebound if bulls step in.
📊 Trade Setup (on confirmation of bounce):
• Entry Zone: $2.82 – $2.85
• Target 1 (TP1): $2.93
• Target 2 (TP2): $3.03 ✅
• Stop Loss (SL): $2.79
⚡ Technical View:
Price is testing key structure support with rising accumulation volume. A bounce here could trigger a bullish continuation back to the local highs.
🛡 Risk Note:
If $2.79 breaks, momentum could shift to the downside. Use tight SL and position sizing to manage risk.
🔄 Strategy Breakdown:
This setup plays the support-bounce strategy. $2.80 is a previously respected demand zone, and volume uptick indicates interest from buyers. The trade aims to catch the move toward the top of the recent range at $2.93 and extend into $3.03 if breakout follows through.
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