$SUI Set for Breakout!
$SUI has rallied from $3.26 to $3.88, forming a solid bullish structure on the chart. With buyer dominance at 85%, the price is now pushing against local resistance.
*Trade Setup:*
Current Price: - 3.85
- *Entry Zone:* $3.84 - $3.86
- *Stop Loss:* Below $3.80
- *Targets:*
1. *Target 1:* $3.91
2. *Target 2:* $4.00
3. *Target 3:* $4.30
*Market Analysis:*
- *Bullish Momentum:* Strong volume and steady growth indicate a potential breakout above $3.95.
- *Order Book Sentiment:* The bullish sentiment is reflected in the order book, suggesting a quick run to $4+ if $3.95 breaks.
*Trading Strategy:*
- *Long Position:* Consider buying $SUI in the entry zone.
- *Risk Management:* Set stop loss below $3.80 to limit potential losses.
This setup offers potential for gains, but manage risk using stop loss and make your move before it's too late!
