SUI/USDT 1H: Bulls in Control – Targeting $4.70 Next!

SUI/USDT 1H Chart Analysis
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• Current Market Structure:

*Bullish trend confirmed after breaking $4.14 resistance.
*RSI: 61, showing strength but not overbought yet.
*Momentum: Strong breakout from previous range, confirming continuation.

Trade Setup (Confidence 8/10):

• Entry: $4.14 - $4.15 (on retest).
  
• Targets:
  
• T1: $4.35
  
• T2: $4.50
  
• T3: $4.70 (previous swing high).
  
• Stop Loss: $3.95 (below recent swing low).
  
• Risk Score: 7/10 (moderate risk )
  

Smart Money Analysis:

• Accumulation phase complete between $3.60 - $3.80.
  
• Institutional buying pressure visible in volume profile.
  
• No significant bearish divergences present.
  
• Market Makers likely targeting liquidity around $4.70 - $4.80.
  

Key Levels:

• Support: $4.14, $3.95, $3.80.
  
• Resistance: $4.35, $4.50, $4.70.
  

Recommendation:

• Long positions favorable within the $4.14 - $4.15 range.
  
• Monitor volume confirmation for continued bullish momentum.
  
• Maintain tight stops below $3.95 to limit downside risk.
  
• Confidence Level: 8/10 for bullish continuation.
  

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