🚀 SUI Long Setup in Focus 📈
Trading Plan:
Bias: Long
Entry: 1.4650 - 1.4550
SL: 1.4480
TP1–TP3: 1.4800 / 1.5000 / 1.5250
Technical Analysis:
The asset is establishing a clear bullish trend on the 15-minute timeframe, characterized by a series of higher lows and strong bounces from key support levels. The price is currently holding above both the EMA(25) and EMA(99), which are acting as dynamic support and have recently performed a bullish cross. Confirmation of bullish momentum is provided by the MACD, which is trending positively above the zero line, and the RSI, which remains in bullish territory above 50. A successful retest of the support zone defined by the moving averages would signal a potential continuation toward the recent high of 1.4827.
Invalidation:
Only a sustained break below 1.4450 would invalidate this immediate bullish structure.
