the breakout has some serious legs, but $SUI is moving fast now. cleaner play sits on pullback, not in the middle of the expansion.
Entry: 1.1612 - 1.1714
TP1: 1.1971
TP2: 1.2146
SL: 1.1539
SUI has pushed through 1.1612 and kept building higher highs, with the 1h momentum still strong and buying pressure staying active. The 15m is also holding a bullish structure, while the 4h picture remains constructive after a pretty aggressive run from the 0.80s into the 1.20 area.
The interesting part is how quickly this thing expanded. Funding is positive, open interest is rising, and the long side is getting crowded, so the next few candles around 1.16-1.17 could tell the story. Hold that area and 1.1971 comes into view, with 1.2146 sitting above it.
Entry: 1.1612 - 1.1714
TP1: 1.1971
TP2: 1.2146
SL: 1.1539
SUI has pushed through 1.1612 and kept building higher highs, with the 1h momentum still strong and buying pressure staying active. The 15m is also holding a bullish structure, while the 4h picture remains constructive after a pretty aggressive run from the 0.80s into the 1.20 area.
The interesting part is how quickly this thing expanded. Funding is positive, open interest is rising, and the long side is getting crowded, so the next few candles around 1.16-1.17 could tell the story. Hold that area and 1.1971 comes into view, with 1.2146 sitting above it.
