๐ $SUI Breakout โ Next Move?
๐น Bullish Setup:
๐ Entry: $2.46 (Buy on dips)
๐ฏ TP1: $2.48
๐ฏ TP2: $2.52
๐ SL: $2.42
โ Confirmation: Sustained move above $2.48 with volume increase
๐ป Bearish Setup:
๐ Entry: $2.46 (Short if rejection confirmed)
๐ฏ TP1: $2.42
๐ฏ TP2: $2.38
๐ SL: $2.48
โ Confirmation: Rejection from $2.48 with declining volume
๐ Key Insights:
24h high: $2.4843, low: $2.3344
RSI at 53.87, slightly bullish but needs confirmation
MACD showing weak momentum, signaling potential consolidation
๐ Trading Plan:
Watch for breakout or rejection at $2.48
Adjust SL based on market volatility
Take partial profits at TP1 and trail SL for extended gains
๐ข Your Turn!
Whatโs next for $SUI? Bullish or Bearish? Drop your thoughts below! ๐๐๐
DYOR ๐
