BullishBanteer
--
Bullish
š„ $SUI Eyes Key Support for a Fresh Bounce! šā”
After touching the recent peak at 3.9779, $SUI is now retracing to test a crucial support near 3.70. Although sellers hold the upper hand for now (64.99% vs 35.01% buyers), the overall 4-hour trend remains intact and bullish, following a strong lift from 3.35. This support zone could spark a solid rebound if buying pressure returns.
š Trade Setup:
ā¢ Long Entry Zone: 3.7000 ā 3.7200
ā¢ Stop Loss: Below 3.6470
ā¢ Target 1 (TP1): 3.80
ā¢ Target 2 (TP2): 3.90
ā” Technical View:
Momentum stays positive despite the pullback, and volume patterns suggest buyers may re-enter near support.
š” Risk Note:
A decisive break below stop loss invalidates the bounce setup.
After touching the recent peak at 3.9779, $SUI is now retracing to test a crucial support near 3.70. Although sellers hold the upper hand for now (64.99% vs 35.01% buyers), the overall 4-hour trend remains intact and bullish, following a strong lift from 3.35. This support zone could spark a solid rebound if buying pressure returns.
š Trade Setup:
ā¢ Long Entry Zone: 3.7000 ā 3.7200
ā¢ Stop Loss: Below 3.6470
ā¢ Target 1 (TP1): 3.80
ā¢ Target 2 (TP2): 3.90
ā” Technical View:
Momentum stays positive despite the pullback, and volume patterns suggest buyers may re-enter near support.
š” Risk Note:
A decisive break below stop loss invalidates the bounce setup.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.Ā See T&Cs.
291
0