šØ Trading Signal: $SUI šØ
š„ Technical Analysis Update š„
$SUI is currently trading at $4.5710, showing signs of consolidation after a recent dip. The pair has tested the $4.46 support zone, with buyers stepping in to defend it. Momentum is building for the next move.
š Trade Details:
Entry Zone: $4.55 - $4.58
Take Profit (TP):
TP1: $4.75
TP2: $4.79
TP3: $4.90
Stop Loss (SL): $4.46
š” Analysis Highlights:
Resistance: $4.75 and $4.79 levels are key hurdles. A breakout above $4.80 could push the price to $4.90 and beyond.
Support: $4.46 is the immediate support level. A breakdown below this could see a drop to $4.31.
Trend: Consolidating with bullish potential as volume begins to rise.
ā ļø Strategy Tip:
Tighten stop-loss as TP1 approaches to protect gains.
Monitor the $4.75 level for potential breakouts or rejection signs.
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