#SUI Bullish! đ
SUI has broken above its long-term descending trendline, and Iâm looking to buy the pullback into the $0.80â$0.87 support zone, right around the 200-day moving average. The rounded bottom structure looks promising, and Iâm expecting buyers to defend this area before the next move higher. $1.25 is my first major breakout level, with much bigger targets ahead.
đ Trade Setup:
đ€Watch Zone: $0.80 â $0.87
đ€Targets: $1.10 â $1.25 â $1.50 â $1.80 â $2.20
đ€Stop Loss: $0.78
Profit per $1,000: đ”375 â đ”562.50 â đ”875 â đ”1,250 â đ”1,750
$SUI
SUI has broken above its long-term descending trendline, and Iâm looking to buy the pullback into the $0.80â$0.87 support zone, right around the 200-day moving average. The rounded bottom structure looks promising, and Iâm expecting buyers to defend this area before the next move higher. $1.25 is my first major breakout level, with much bigger targets ahead.
đ Trade Setup:
đ€Watch Zone: $0.80 â $0.87
đ€Targets: $1.10 â $1.25 â $1.50 â $1.80 â $2.20
đ€Stop Loss: $0.78
Profit per $1,000: đ”375 â đ”562.50 â đ”875 â đ”1,250 â đ”1,750
$SUI
