$SUI

/USDT ā Trade Setup (4H)
Current Price: 1.6045
24h Range: 1.5722 ā 1.6573
Trend: Mild pullback after rejection from 1.66 resistance.
š Market Insight
$SUI is consolidating inside a short-term descending micro-channel after failing to reclaim 1.66. Buyers are still active above 1.58ā1.60, showing strong demand in this zone. A bounce is likely if price holds above support.
šÆ Entry Zone
Buy Range: 1.5850 ā 1.6050
(Solid liquidity zone + previous bounce area)
š Targets
TP1: 1.6400
TP2: 1.6600
TP3: 1.6900
š Stop Loss
SL: 1.5650
(Below 1.5722 daily low + structural support)
š Key Levels
Support: 1.5850 / 1.5650
Resistance: 1.6400 / 1.6600
Breakout Level: 1.6900 (opens path to 1.74+)
š” Pro Tip
Watch the reaction at 1.60 ā a strong bullish wick or volume pickup signals ideal entry. Avoid entering if SUI closes below 1.5650 on 4H; this invalidates the setup.