📊 Chart Analysis – $SUI (Sui)

🗓️ Updated on 07/20/2025

💰 Current Price: $3.93

📉 Technical Levels for Trading

🔹 Suggested Entry: $4.05

➤ After confirmation of a breakout above with a 4-hour candle and above-average volume.

🔻 Stop-Loss: $3.70

➤ Below the recent low and the short-term moving average.

🎯 Profit Targets:

• Target 1: $4.50 — previous structural resistance

• Target 2: $5.00 — extension projection based on an inverted hollow-to-the-core pattern

• Extended Target: $5.35+ — if momentum re-enters the all-time high

⚖️ Strategic Summary

Estimated Risk: -8.6%

Potential Reward:

• Target 1: +11.1%

• Target 2: +27.2%

Risk/Reward Ratio:

• For Target 1: ~1.3:1

• For Target 2: ~3.2:1

Technical Setup: Rectangle breakout/lateralization with bullish bias

Indicators: Upward-oriented moving averages, neutral RSI with space, volume confirming the move

🔔 Entry Strategy

Wait for a 4-hour candlestick closing above $4.05 with above-average volume.

Enter at this point with a stop at $3.70.

Take partial profits at $4.50 and move the stop to breakeven.

Aim for a final target of $5.00 or adjust the trailing stop to capture a possible extension to $5.35+.

💬 What do you think: is it worth entering on the breakout or waiting for a pullback?

Share your insights and engage with other traders! 🚀