🚀 SUIUSDT Long Focus 📈
Trading Plan:
Trend:Long
Entry:1.4350 - 1.4420
Stop Loss:1.4200
Take Profit 1–3:1.4550 / 1.4700 / 1.4900
Technical Analysis:
On the 15-minute chart, the price found solid support after reaching the 1.4230 area and showed signs of a bullish reversal. Currently, the price has broken through and maintained above EMA(7) and EMA(25), while these short-term moving averages have formed a bullish crossover, indicating that upward momentum is strengthening. Momentum indicators like RSI and MACD also show bullish divergence and have turned positive, supporting the likelihood of further increases. A confirmation signal would be a decisive break above the EMA(99) resistance level (around 1.4470).
Invalidation Condition:
This bullish view will only be invalidated if the price decisively breaks below the support level of 1.4200.
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