Bullish Reversal Setup on $SUI /USDT – Long Entry Opportunity
SUI/USDT has shown strong resilience after a sharp decline, bouncing off the $3.46 support level. The chart highlights a clear descending channel break, suggesting that selling pressure is easing and buyers are stepping back in. This setup indicates potential for a short-term reversal move to the upside.
Entry: 3.48 – 3.50
Targets:
Target 1: 3.56
Target 2: 3.62
Target 3: 3.65
Stop-Loss: 3.40
Risk Management: Allocate 3–5% of capital for this trade. After Target 1 is reached, shift stop-loss to entry and secure profits progressively.
Pro Tip: Watch for sustained volume on green candles; a breakout with rising volume will strengthen the probability of hitting higher targets.
