$SUI Today's Pro Trading Plan for $SUI/USDT (12 Jun 2025 | 08:56 UTC)

•Entry Zone: Initiate long positions within the $3.30-$3.32 demand zone, anticipating a bounce off this established support.

• Stop Loss: $3.279, positioned just below the daily low and structural invalidation.

•Risk/Reward Ratio: Approximately 1:3 for Target 1, improving for higher targets.

•Profit Targets:

• Target 1: $3.3582 (15-minute resistance, conservative intraday scalp)

• Target 2: $3.3880 (Mid-range resistance, aligning with prior swing high)

• Target 3:** $3.4179 (Aggressive extension towards 200 MA)

• Strategy: The current price action indicates a potential retest of a short-term demand zone after a retracement. We anticipate a bullish divergence on lower timeframes (not visible in provided chart but a key consideration) confirming an upward move. The strategy is to capitalize on a mean reversion trade back towards resistance levels.

• Market Sentiment: Short-term bearish pressure is evident, but the strong support at $3.30 suggests potential for a quick reversal.

• Invalidation Level / Caution Note: A sustained break and candle close below $3.279 would invalidate this bullish setup, signaling further downside and requiring immediate exit. Monitor volume for confirmation of bounces.

Disclaimer: All trading involves risk. This content is for informational purposes only. Please trade responsibly.