#SUI

$SUI

SUI
SUI
0.8683
-3.52%

This is a sharp setup structurally—but I’ll be honest, 75x again makes execution the real challenge, not the idea.

The reclaim of the 0.87821–0.88267 zone is the key trigger here. If that level flips into support, it signals short-term strength and opens the path toward your TP levels. The 4H structure supporting a bullish move adds confluence, even though the daily trend is still bearish, which means this is more of a counter-trend or relief move rather than a full trend reversal.

The 15m RSI at 48 is actually a positive sign—it shows there’s room for upside without being extended. Volume is decent but not explosive, so I’d want to see strong continuation volume on the push above 0.89 to confirm momentum.

My personal takeaway on targets:

👉 First scale-out around 0.893–0.895 (your TP1 zone)

👉 If momentum is strong and volume expands, let a runner aim toward 0.898–0.900

👉 But if price stalls near 0.89, I’d secure profits early—because that’s where rejection is likely in a bearish daily context

The most important level to watch now is 0.882 holding as support. If price dips back below and fails to reclaim quickly, the setup weakens fast—especially with high leverage.

Overall: Clean reclaim setup, good structure, but high risk due to leverage and higher timeframe resistance nearby.

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