I'm entering a long position on $SUI now. 📈
The reason for this trade is the strong respect for a key demand zone. $SUI is also building a higher-low structure on lower timeframes, indicating a bullish continuation is likely. Buyers are showing interest on every dip, and momentum is gradually building for a potential upward move.
This presents a favorable entry point before the next price expansion.
Trade Setup:
Entry Range: 1.48 – 1.50
TP 1: 1.58
TP 2: 1.65
TP 3: 1.72
SL: 1.44
The current market structure is bullish, support levels are holding firm, and a continuation pattern is favored.
The best entries often occur when the price action is consolidating before a significant move.
$SUI (SUIUSDT)
