📈 SUI in Ascending Channel – Testing the Lower Bound!
SUI is currently trading near the bottom of an ascending range on the 1H chart. The trendline support is holding for now, suggesting a potential bounce to the upside.
This could be a good opportunity to consider a long setup with favorable risk-to-reward.
🔹 Trade idea (not financial advice):
Entry: $3.48
Take Profit 1: $3.6
Take Profit 2: $3.68
Stop Loss: $3.42
🧠 Manage risk accordingly and watch for a confirmed bounce or breakdown.
