šŸš€ $SUI /USDT: Bounce Opportunity at Key Demand Zone! šŸ“ˆ

$SUI is currently testing a crucial Local Demand Zone (0.93 – 0.92) after a steady sell-off on the 1H chart. If this level holds, we could see a sharp recovery from here.

šŸ“Š TRADING PLAN (Long):

Entry Zone: 0.920 – 0.940 🟩

Stop Loss: Below 0.905 šŸ›‘ (Strict Risk Management)

šŸŽÆ TAKE PROFIT TARGETS:

šŸŽÆ 0.965 (Initial Resistance)

šŸŽÆ 0.995 (Trend Confirmation)

šŸŽÆ 1.025 (Local Highs Re-test)

šŸ’” MARKET INSIGHTS:

Technical Structure: RSI is near oversold territory, indicating a potential technical bounce.

Key Support: The 0.92 level is a "Must-Hold" zone for buyers.

Downside Risk: If 0.92 fails, the price could drop to grab liquidity down to 0.89 – 0.87.

āœ… PRO TIPS:

Book your profits in parts (Scaling out).

After TP1 is hit, move your Stop Loss to entry (Break-even).

Keep leverage low considering market volatility.

āš ļø Important Note (DYOR): Always do your research before taking trades. The crypto market is volatile, so only invest what you can afford to risk.

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What do you think? Will SUI bounce from here or go deeper down? šŸ‘‡

#SUI #SuiNetwork #CryptoTrading #TechnicalAnalysis #LongSetup