$SUI /USDT : The daily bearish trend is losing momentum, while the 4-hour and 1-hour charts are in an upward range. The 1-hour chart is now above the key moving averages, indicating strength. A break above the peak of 1.6601 is the trigger for a long entry. Why now? Momentum is increasing as the 1-hour relative strength index remains strong above 60, indicating a potential shift from the larger bearish trend. This could be the start of a strong counter-trend move. Get ready for a breakout.
Executable setup now (long)
Entry: market at 1.649312 – 1.6601
TP1: 1.687073
TP2: 1.697862
TP3: 1.71944
SL: 1.622339
SUIUSDT
Perp
1.5611
-3.32%
