$SUI /USDT – Breakout Watch in Tight Range 🔷

SUI is trading at $2.9245 (+1.90%) with bullish strength, hovering just below key resistance at $2.9340–$2.9407. Price is holding above all major EMAs, signaling upward pressure in a coiled range.

📈 Long Setup (Breakout Play):

Entry: Break above $2.9407

TP1: $2.9650

TP2: $2.9900

SL: $2.9000

📈 Long Setup (Support Bounce):

Entry: $2.8846 – $2.9008

TP1: $2.9245

TP2: $2.9340

SL: $2.8700

📉 Short Setup (If Breakdown):

Entry: Close below $2.8846

TP1: $2.8020

TP2: $2.7954

SL: $2.9120

Why I’m In:

SUI is compressing just under resistance with all EMAs clustered below—perfect setup for a breakout. If $2.9407 breaks with volume, expect a quick pop. But caution: a rejection can lead to fast drops.

⚠️ Note:

Watch volume near $2.9340. This is a pressure zone. Use tight stops and scale out on strength. Ideal for quick reaction trades in a high-volatility environment.

$SUI