SUI is bursting through a key market structure break, with momentum building rapidly. This move has all the makings of a significant breakout, and the entry window is narrowing by the minute.
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$SUI LONG 📈
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📍 Entry Range: $0.715284 – $0.716716
🛑 Stop Loss: $0.694520 (-3.0%)
🎯 TP1: $0.726740 (+1.5%)
🏆 TP2: $0.751800 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 94%
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The combination of a CHoCH signal, backed by volume confirmation via CVD, and a clear FVG, is painting a picture of a highly probable move upwards. The presence of an order block and liquidity sweep reinforces the notion that SUI is poised to make a substantial push, especially with the POI confluence of OB and FVG overlap. The overall market structure is ripe for this long setup.
A 3.0% stop loss seems reasonable, not too tight, and with the right leverage, this trade could yield substantial returns, making it suitable for a moderately aggressive trading strategy.
Considering the strength of the setup, it's prudent to take partial profits at the first target to lock in some gains, as this will also help in managing risk and riding the momentum with less exposure.
Not financial advice — always manage your own risk 🙏
$SUI #SUIUSDT #dexe #TradingSignals #Write2Earn