#DayTradingStrategy

Strong comeback – V-shaped recovery in play....

A strong V-shaped recovery has formed 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 the 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 settles above $2.9350, expect the trend to continue towards $3+. Volume and price structure support this move, so watch for a slight re-test near $2.91 – $2.92 to enter with strong risk and reward.