🟢$SUI It looks like you have a solid trade setup! Here’s a quick breakdown of your strategy:#SUI🔥
$SUI Trade Setup (Long)
Entry: $3.45 – $3.50
Targets:
$3.65
$3.82
$4.05 (extension zone)
Stop Loss: $3.32
Analysis
The momentum you mentioned suggests that if the price breaks above $3.51, it could indeed trigger a significant upward movement. This is a classic approach in technical analysis, where you look for breakout points to capitalize on potential price increases.
Considerations
Volume: Keep an eye on trading volume as the price approaches your entry point. Higher volume can confirm the strength of the breakout.
Market Conditions: Be aware of any broader market trends or news that could impact your trade.
