Is it time for the explosion of the currency $SUI ? 🚀

Project Overview:

SUI is considered the new market cap monster, a Layer 1 blockchain characterized by extremely high speed and parallel data processing, making it the strongest competitor to Solana at the moment.

Technical Analysis (according to the chart):

• Pivot Point: The price is currently testing important historical support areas (around $1.41).

• Expected Scenario: We notice the formation of a potential reversal pattern; a rebound from this low could push us to test levels of $3.70 and above, representing a very strong rise.

• Target: Regaining positive momentum and returning to previous peaks.

🗺️ Entry Strategy:

Instead of entering with all liquidity from a single point, we will adopt a two-phase entry to reduce risk:

• First Entry Point (50%): From the current price (around $1.41).

• Second Entry Point (50%): In case of a slight retracement to test levels of $1.36.

• Expected Average Entry: $1.38.

🎯 Targets and Stop Loss:

• Near Target: $2.10 (partial profit taking).

• Main Target: $3.72 (as shown in the chart).

• Stop Loss (SL): Daily close below $1.30. (Exit immediately if this level is broken).

In trading, we are not looking for "certainty" (as it does not exist), but we are looking for "the likely probability".