š§ $SUI / USDT ā Bullish Breakout Watch š§
š° Position Size: $1,255.40
š Entry Price: $3.9331
š Market Snapshot:
$SUI is showing strong bullish intent after breaking above a key resistance zone on rising volume.
Price action has cleared the $3.90 barrier, turning it into a fresh support level.
Momentum indicators are aligning with upward expansion, signaling the potential for a sustained breakout rally.
š Key Levels to Monitor:
Immediate Support: $3.90
Breakout Zone Support: $3.91 ā $3.94
Resistance 1: $4.05
Resistance 2: $4.18
Extended Resistance: $4.32
š Trade Setup (Long Bias):
Entry: $3.9331 (confirmed breakout entry)
Stop Loss: $3.88 (below breakout support)
Profit Targets:
1ļøā£ $4.05 ā Initial target
2ļøā£ $4.18 ā Mid-term breakout objective
3ļøā£ $4.32 ā Extended rally potential
š” Tactical Playbook:
A retest of the $3.91ā$3.94 zone could offer a high-conviction re-entry.
Once price reaches $4.05, trail stops to breakeven to lock in gains.
Watch for volume spikes above $4.18 to confirm bullish continuation.
š¢ Market Sentiment:
The bulls have the upper hand, with strong technical structure and momentum favoring higher highs.
As long as $3.90 holds, upside targets remain firmly in play, and breakout traders are likely to push for the $4.18ā$4.32 range next.
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