#DayTradingStrategy has shown a strong V-shaped recovery on the one-hour chart, having bounced from the $2.82 area and is now challenging the 24-hour high at $2.9340.
Momentum is strong, and bulls are gaining control with aggressive buying volume.
Long Trade Setup:
• Entry Area: 2.9150 – 2.9300
• Stop Loss: Below 2.8800
• Target 1: 2.9600
• Target 2: 3.0200
• Target 3: 3.0800
Market Outlook:
If SUI breaks and holds above $2.9350, expect the trend to continue towards $3+. Volume and price structure support this move, so watch for a slight retest near $2.91 – $2.92 to enter with strong risk and reward.