$SUI is knocking on the door. 🚪📈
Dear Family!❤️ SUI is showing strong momentum on the 4H chart. After consolidating above the $0.7200 support zone, price has pushed through local resistance at $0.7900 and is currently trading around $0.8095.
Price is now sitting just below a major resistance area. If buyers manage to break and hold above this level, momentum could accelerate quickly.
The Setup
Entry Zone: Look for entries on a confirmed 4H candle close above $0.8100, or on a possible retest of $0.7900
Target: $0.8500 (top of the resistance zone), with potential for extension if momentum continues
Stop Loss: Below the recent consolidation support at $0.7650
Tip: Avoid chasing price into resistance. It’s better to wait for $0.8100 to flip into support before scaling in.
Keep an eye on volume and manage risk properly.
#SUI
Dear Family!❤️ SUI is showing strong momentum on the 4H chart. After consolidating above the $0.7200 support zone, price has pushed through local resistance at $0.7900 and is currently trading around $0.8095.
Price is now sitting just below a major resistance area. If buyers manage to break and hold above this level, momentum could accelerate quickly.
The Setup
Entry Zone: Look for entries on a confirmed 4H candle close above $0.8100, or on a possible retest of $0.7900
Target: $0.8500 (top of the resistance zone), with potential for extension if momentum continues
Stop Loss: Below the recent consolidation support at $0.7650
Tip: Avoid chasing price into resistance. It’s better to wait for $0.8100 to flip into support before scaling in.
Keep an eye on volume and manage risk properly.
#SUI