$SUI USDT BULLISH CONSOLIDATION – READY FOR ANOTHER PUSH UP
$SUIUSDT is trading at $2.7071 (+3.21% daily). After forming a solid support at $2.6794, price is recovering with higher lows and maintaining above the 15m MA(5) and MA(10). Current structure indicates buyers are regaining strength for a potential retest of recent highs.
🔑 Trade Setup (Long):
Entry Zone: $2.70 – $2.71
Take Profits:
TP1: $2.73
TP2: $2.76
TP3: $2.79
Stop Loss: $2.68
📊 Market Outlook:
The price action shows a bullish microstructure with MACD positive, RSI near 53 suggesting space for upside, and MA(5) crossing above MA(10). A clean break above $2.73 will confirm strong continuation towards major resistance levels.
⚠️ Risk Management:
Adjust position sizes with tight stops below immediate support to manage volatility risks effectively.
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buy and trade here on $SUI