🚀 $SUI Breakout – Next Move?
🔹 Bullish Setup:
📈 Entry: $2.46 (Buy on dips)
🎯 TP1: $2.48
🎯 TP2: $2.52
🛑 SL: $2.42
✅ Confirmation: Sustained move above $2.48 with volume increase
🔻 Bearish Setup:
📉 Entry: $2.46 (Short if rejection confirmed)
🎯 TP1: $2.42
🎯 TP2: $2.38
🛑 SL: $2.48
✅ Confirmation: Rejection from $2.48 with declining volume
📌 Key Insights:
24h high: $2.4843, low: $2.3344
RSI at 53.87, slightly bullish but needs confirmation
MACD showing weak momentum, signaling potential consolidation
📊 Trading Plan:
Watch for breakout or rejection at $2.48
Adjust SL based on market volatility
Take partial profits at TP1 and trail SL for extended gains
📢 Your Turn!
What’s next for $SUI? Bullish or Bearish? Drop your thoughts below! 🚀📉🔄
DYOR 📌