$SUI /USDT BULLISH BREAKOUT IMMINENT ๐
Key Levels:
- Current Price: $4.9633
- Resistance Levels: $5.20 - $5.40
- Support Levels: $4.40 - $4.60
Trade Setup:
Long Entry:
- Entry Point: $4.96
- Take Profit (TP):
- TP1: $5.20
- TP2: $5.40
- Stop Loss (SL): $4.80
Risk Management:
- Risk/Reward Ratio: 1:3
- Position Size: 2% of total portfolio
Summary:
We are looking for a long trade on $SUI/USDT due to the bullish momentum observed in the recent price action. The price has bounced off the support level at $4.60 and is now targeting the resistance zone between $5.20 and $5.40. The setup offers a favorable risk/reward ratio, making it an attractive opportunity for traders. ๐๐ธ
Happy Trading! ๐๐ธ
Hope this helps! If you need any adjustments or have other requests, feel free to ask ๐