📌 Analysis Summary:
SUI has broken out of a strong falling channel structure that started in late May.
We’re now seeing a bullish breakout + retest, suggesting a potential trend reversal from bearish to bullish.
A small consolidation zone near the breakout confirms strength, supported by buyer presence near previous highs.
🛠️ Trade Plan (Swing Setup):
Entry: $2.89 (current price zone, post-breakout consolidation)
Stop Loss: $2.62 (below consolidation + last support structure)
Take Profit: $3.62 (near previous key resistance level)
Risk/Reward Ratio: ~2.7R
🔎 Key Technicals:
Breakout from downtrend channel
Consolidation above previous structure
Higher low formation visible
Volume remains steady, showing no strong rejection
🧠 Trade Management:
Partial TP can be considered around $3.30
Monitor BTC movement for broader sentiment
Break below $2.62 invalidates this setup
📈 This is a swing position, not a scalp — ideal for 3–10 day holding period if structure holds.
🛑 Always use proper risk management.
🔔 Follow for more clean setups.
SUI has broken out of a strong falling channel structure that started in late May.
We’re now seeing a bullish breakout + retest, suggesting a potential trend reversal from bearish to bullish.
A small consolidation zone near the breakout confirms strength, supported by buyer presence near previous highs.
🛠️ Trade Plan (Swing Setup):
Entry: $2.89 (current price zone, post-breakout consolidation)
Stop Loss: $2.62 (below consolidation + last support structure)
Take Profit: $3.62 (near previous key resistance level)
Risk/Reward Ratio: ~2.7R
🔎 Key Technicals:
Breakout from downtrend channel
Consolidation above previous structure
Higher low formation visible
Volume remains steady, showing no strong rejection
🧠 Trade Management:
Partial TP can be considered around $3.30
Monitor BTC movement for broader sentiment
Break below $2.62 invalidates this setup
📈 This is a swing position, not a scalp — ideal for 3–10 day holding period if structure holds.
🛑 Always use proper risk management.
🔔 Follow for more clean setups.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.