Technical Outlook & Trading Plan for SUI (H4 Framework)
Following a strong breakout to the $0.95 peak, $SUI is entering a correction and consolidation phase. The current high-probability strategy is to Short on a retest of key resistance, taking profits in tranches at two major support levels below.
📊 Position Setup
• Entry Zone: $0.850 – $0.870
• Stop Loss: $0.895
• Targets: $0.795 | $0.750
📌 Once TP1 ($0.795) is hit, lock in 50% of the position and move SL to Entry (BE) to make it a risk-free trade.
Following a strong breakout to the $0.95 peak, $SUI is entering a correction and consolidation phase. The current high-probability strategy is to Short on a retest of key resistance, taking profits in tranches at two major support levels below.
📊 Position Setup
• Entry Zone: $0.850 – $0.870
• Stop Loss: $0.895
• Targets: $0.795 | $0.750
📌 Once TP1 ($0.795) is hit, lock in 50% of the position and move SL to Entry (BE) to make it a risk-free trade.
