$SUI
USDT — Breaking Free from the Downtrend Channel
A powerful move from 3.30 pushed price out of the descending channel with strong volume. Now comes the key decision zone.
Levels to watch:
Holding above 3.80: Could fuel momentum toward 4.00 and 4.20.
Failure at 3.80: Pullback expected to 3.55; losing 3.55 brings 3.30 back in play.
Study trade ideas (not financial advice):
Breakout Long: H1 close above 3.80, aiming 4.00 / 4.20, stop under 3.70.
Pullback Long: Bounce confirmation at 3.55, stop under 3.45, target 3.80 → 4.00.
Fade Short: Strong rejection at 3.80, target 3.55, stop over 3.85.
⚠️ Risk reminder: After a breakout from a prolonged channel, patience and confirmation are key. Manage position size and wait for candle closes to minimize traps.
