🚀 $SUI LONG SETUP: The "Ecosystem Rebound" Play 📈
$SUI is showing massive resilience. While the broader market faces uncertainty, SUI’s TVL (Total Value Locked) is exploding, and a Bitwise SUI ETF filing is fueling institutional FOMO.
Technically, we are seeing a Falling Wedge breakout on the 4H chart, coinciding with a deep oversold RSI bounce.
⚡ The Trade Details (Futures)
Direction: LONG 🟢
Entry Zone: $1.45 – $1.52 (Look for consolidation here)
Leverage: 3x - 5x (Stay safe, volatility is high!)
🎯 Take Profit (TP) Targets
TP1: $1.70 (Immediate Resistance / Bollinger Band Mid)
TP2: $1.95 (50-day EMA Level)
TP3: $2.20 (Major Psychological Breakout)
Moon Target: $2.75+ (If ETF hype intensifies)
🛡 Risk Management
Stop Loss (SL): $1.34 (Below the recent swing low)
Risk/Reward: ~1:3.5
💡 Pro Tip: If $SUI loses the $1.30 support, cancel the long and wait for $1.12 to re-accumulate.
What’s your move? Bullish 🚀 or Bearish 📉? Let me know in the comments!
#SUI #SuiNetwork #CryptoTrading #BinanceSquare #SUIPricePrediction #Altcoins
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