$SUI Breaking Higher Momentum Building?
Trade Direction: LONG
Entry Zone: 0.6840 - 0.6860
Stop Loss: 0.6805
Take Profits:
TP1: 0.6900
TP2: 0.6930
TP3: 0.6980+
Why this setup?
On the 1D chart, $SUI formed a strong impulsive move from 0.675 support up to 0.693 resistance, creating higher highs and higher lows. Current price is pulling back to the breakout area around 0.684, which is now acting as support. This is a classic retest of the demand zone. Market structure remains bullish with the recent HH/HL pattern. RSI should be showing healthy momentum after the rally without being overbought on pullback.
Will $SUI continue the uptrend or face rejection at 0.693? Bullish or cautious? Trade Here 👇
Trade Direction: LONG
Entry Zone: 0.6840 - 0.6860
Stop Loss: 0.6805
Take Profits:
TP1: 0.6900
TP2: 0.6930
TP3: 0.6980+
Why this setup?
On the 1D chart, $SUI formed a strong impulsive move from 0.675 support up to 0.693 resistance, creating higher highs and higher lows. Current price is pulling back to the breakout area around 0.684, which is now acting as support. This is a classic retest of the demand zone. Market structure remains bullish with the recent HH/HL pattern. RSI should be showing healthy momentum after the rally without being overbought on pullback.
Will $SUI continue the uptrend or face rejection at 0.693? Bullish or cautious? Trade Here 👇