$SUI Market Breakdown
Price is pulling back after failing to hold above 1.5488, creating a short-term lower high. Despite the drop toward 1.5390, buyers stepped in aggressively at the wick low, showing a clear defense of support.
Momentum is stabilizing near 1.5440, and the structure is forming a potential recovery base.
Market View
Intraday volatility remains elevated. As long as 1.5390 holds, a rebound toward previous intraday highs remains likely.
Trade Plan
Entry: 1.5400 – 1.5450
Tg1: 1.5520
Tg2: 1.5630
Invalidation: 1.5360
Price reclaiming above 1.5488 would confirm strength and open room for continuation. Monitoring volume closely as compression tightens around the intraday mid-range.
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If you want, I can also prepare a sell-side setup, scalp version, or higher-timeframe breakdown in the same format.
