đ $SUI is showing all the signs of a major breakout in the making! The price action tells an exciting story - after completing a clean market structure shift and filling that important FVG, SUI is now flirting with ascending support like a coiled spring ready to release.
Right now we're seeing tight consolidation just under the $3.90 resistance level, building energy for what could be a powerful move upward. The setup suggests that once local highs get taken out, we could see a rapid surge toward the $4.28 liquidity zone, with potential for even greater gains beyond.
Here's what smart traders are watching:
- Ideal entry zone between $3.85â$3.88 where price meets trendline support
- First profit target at $4.05 for quick gains
- Main target at $4.28 where significant liquidity waits
- Extended upside potential beyond $4.33
- Strict stop loss below $3.76 to manage risk
The overall structure remains decidedly bullish as long as that ascending support continues to hold. This is one of those setups that could deliver serious gains if played correctly. Keep a close eye on SUI - when this thing moves, it's likely to move fast!
Pro tip: Watch the order books closely for signs of accumulation before the breakout. The tighter this coils, the bigger the eventual move could be.