$SUI – Bullish Breakout Alert Following Short Liquidation
Market Sentiment:
A recent short liquidation of $5,009 at $2.95237 highlights rising bullish pressure and signals a potential breakout continuation.
Bears are being squeezed as SUI builds strength above key resistance, hinting at a fresh leg upward.
Key Levels to Watch:
Support (Post-Liquidation): $2.94 – $2.97
Breakout Confirmation: $3.02
Next Resistance Zones: $3.15 – $3.28
Trade Setup – Long Opportunity:
Entry Range: $2.96 – $3.02 (on retest or breakout candle)
Targets:
TP1: $3.15
TP2: $3.28
TP3: $3.40 (extended rally target)
Stop-Loss: $2.89 (beneath recent liquidity grab and trend support)
Technical Analysis:
Price action is coiling just under resistance after the short squeeze, with bullish volume increasing.
Breakout from this consolidation zone could trigger rapid price expansion, as the structure aligns with a bullish continuation flag.
Next Move:
Look for a clean push through $3.02 with strong volume confirmation. Momentum could build swiftly, targeting mid-$3s on sustained breakout behavior.
Pro Trader Tip:
Use dynamic stop-loss management as targets are approached. Momentum-based traders can trail stops to maximize gains.
The squeeze has started—bulls may be gearing up for the next surge on #SUİ .
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