SUI/USDT Trade Setup: Bullish Breakout Unfolding – Is $4 the Next Target?
Current Price: $3.6281 (+1.64%)
24H Range: $3.4041 – $3.6364
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Market Structure: Bullish Momentum in Play
SUI is gaining momentum with a strong bullish trend clearly visible on the 15-minute chart. A clean breakout above the recent consolidation zone signals renewed strength among buyers. Volume is also increasing steadily as the price flirts with the intraday high — a sign that bulls are stepping in aggressively.
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Key Technical Levels
Immediate Resistance: $3.6364 (24H High)
Near-Term Support: $3.50
Breakout Range: $3.60 – $3.63
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Trade Setup: Momentum Play in Progress
Entry Zone: $3.60 – $3.63
Take-Profit Targets:
TP1: $3.70
TP2: $3.80
TP3: $4.00
Stop Loss: $3.52
This setup is ideal for short-term momentum traders aiming to ride the wave on a confirmed breakout.
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Why This Trade Matters
SUI is exhibiting strength across multiple timeframes — not just the 15-minute chart. The current breakout above the $3.63 level is a technical trigger that could pave the way for a swift move toward $4.00, especially if volume continues to rise. With clean support at $3.50, the risk/reward ratio is highly favorable for bulls.
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Conclusion:
This is a high-probability breakout setup with upside potential. Monitor the volume and price action closely. A sustained move above $3.6364 could be the beginning of a strong bullish leg toward $4.00 and beyond.
