$SUI surpassed 1.1861 but volume hasn’t been impressive—does the 1H timeframe have enough to confirm the breakout?
The 4H chart is still above the EMA20/50; on 1H, price at 1.1877 broke above 1.1861, but relative volume is only 0.85 and volume acceleration is 0.62
Pair: SUIUSDT
Scenario: LONG
Trigger: 1H candle closes above 1.1876 with volume not lower than the average of 20 candles
Entry: 1.1876
SL: 1.1687
TP1: 1.216
TP2: 1.233
R:R TP1: 1.50
Invalidation: 1H candle closes below 1.1687
Does a 1H close above 1.1876 with volume ≥ the average of 20 candles provide enough confirmation for you?
#SUI #Crypto
This analysis is for reference only and not investment advice.
The 4H chart is still above the EMA20/50; on 1H, price at 1.1877 broke above 1.1861, but relative volume is only 0.85 and volume acceleration is 0.62
Pair: SUIUSDT
Scenario: LONG
Trigger: 1H candle closes above 1.1876 with volume not lower than the average of 20 candles
Entry: 1.1876
SL: 1.1687
TP1: 1.216
TP2: 1.233
R:R TP1: 1.50
Invalidation: 1H candle closes below 1.1687
Does a 1H close above 1.1876 with volume ≥ the average of 20 candles provide enough confirmation for you?
#SUI #Crypto
This analysis is for reference only and not investment advice.
