#SUI
๐ SUI/USDT Trade Signal ๐
๐น Position: Long
๐น Entry Zone: $2.95 - $3.05
๐น Stop Loss: $2.85
๐น Target 1: $3.25 (65% Probability)
๐น Target 2: $3.40 (50% Probability)
๐น Target 3: $3.55 (35% Probability)
๐น Stop Loss Probability: 30%
๐ Trade Setup Analysis:
SUI/USDT has surged over 11%, breaking a key resistance level.
EMA Structure: Price is trading well above the 7-day and 25-day moving averages, confirming a strong uptrend.
Volume Surge: A significant volume increase supports bullish momentum.
Momentum Indicators: RSI at 74, showing strong momentum but nearing overbought conditions.
โ ๏ธ Key Risks & Considerations:
A possible retracement to $2.95 - $3.05 before further upside.
A break below $2.85 could invalidate the bullish setup.
Resistance at $3.25 may cause temporary consolidation.
๐ธ THIS IS MY ANALYSIS ๐ธ
๐ Please do your own research, and if it aligns with your strategy, then consider taking the trade.