🔥 $SUI Bullish Breakout Setup After Long Liquidation
$SUI just shook out weak longs with a liquidation sweep at $1.4065, clearing over $1.40K in leverage. These quick resets often clean the chart and set up a healthier upside continuation.
Market Structure
Price is holding the $1.38 – $1.41 support pocket, a zone that previously capped rallies. The flip from resistance to demand signals that buyers are stepping back in.
Trade Plan
EP: $1.39 – $1.42
TP: $1.55 → $1.72 → $1.95
SL: $1.30
Sentiment
Open interest cooled after the flush and funding is neutral, leaving room for upside without heavy long pressure. A firm break and hold above $1.45 would confirm momentum for SUI.
Stay patient, respect your risk, and let structure lead the trade.
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