$SUI /USDT BULLISH SETUP: POISED FOR UPSIDE BREAKOUT ABOVE KEY ZONE

SUI is currently trading at $2.87 (-0.95%), consolidating just below resistance after a healthy retracement from its recent highs. The price action suggests bullish pressure building up near support with a potential breakout on the horizon.

๐Ÿ” Technical Analysis

Current Price: $2.87

24h High / Low: $2.9292 / $2.8020

Resistance Levels:

$2.93 (Key short-term resistance)

$3.05 (Psychological + breakout level)

Support Levels:

$2.80 (Strong intraday support)

$2.70 (Secondary support if pullback deepens)

SUI has respected the $2.80 support zone multiple times, creating a solid base for a bounce. The current consolidation is forming a bullish flag on the lower timeframes (15mโ€“1h), indicating a potential continuation move to the upside if volume steps in.

๐Ÿ“ˆ Long Trade Setup

Entry: $2.88โ€“$2.90 (on confirmation above recent highs)

Take-Profit Targets:

TP1: $2.98

TP2: $3.05

TP3: $3.18 (extended target on strong momentum)

Stop-Loss: $2.79 (below recent support structure)

๐Ÿ›ก๏ธ Risk Management

Risk only 1-2% of capital per trade.

Use trailing stop after TP1 for potential continuation.

Avoid chasing if breakout happens with high volatility โ€” wait for pullback retest.

๐Ÿ“Š With solid structure and a breakout-ready chart, SUI/USDT offers a promising long opportunity. Keep your eyes on volume confirmation around $2.93 for bullish momentum ignition!

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