$SUI
SUI
1.2073
-2.79%
Trade Signal
Preferred Setup: LONG (Breakout)
Entry: 1.00 (after breakout + retest)
TP: 1.15 / 1.25
SL: 0.93
Reason:
1.00 is a strong resistance, and it has been rejected multiple times
The price is in compression, which increases the chance of a breakout
Liquidity above 1.00 (short sellers’ stop losses) can fuel a fast upward move
Retest entry is safer, helping avoid fake breakouts