$SUI let’s analyze your SUI/USDT (1H) chart 👇

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1. Market Context

• Current price: 3.44 (+4.8%).

• Structure: Just broke out from a short-term consolidation with a strong bullish candle + volume spike.

• Nearest resistance: 3.50 – 3.55.

• Nearest support: 3.30 – 3.35 (previous demand zone).

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2. Pattern / Price Action

• The move looks like a bullish breakout from a mini accumulation range.

• Strong volume confirms buyers stepping in.

• Short-term uptrend (higher lows since Sep 5th).

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3. Trade Setup

🔹 Long Setup

• Entry: 3.42 – 3.45 (current level).

• Stop-loss: Below 3.30 (recent higher low

& demand zone).

• Targets:

• T1 = 3.55 – 3.58 (immediate resistance).

• T2 = 3.70 – 3.75 (next supply zone).

• T3 = 3.90 – 4.00 (psychological + historical level).

🔹 Risk-Reward

• SL = ~0.14 (3.44 → 3.30).

• T1 = +0.13 → 1:1.

• T2 = +0.30 → 1:2.1.

• T3 = +0.55 → 1:3.9.

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4. Probability

• Bounce/Continuation Probability: ~60–65% (breakout with volume).

• Rejection Probability: ~35–40% (possible fakeout if BTC/market pulls back).

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✅ Summary Trade Plan:

• Buy around 3.44

• Stop-loss: 3.30

• Targets: 3.55 / 3.70 / 3.90

• Risk-Reward: 1:1 → 1:3.9 depending on exit.