Trading Plan Long $SUI
$SUI just swept the daily low, showing a potential spring forming into demand.
Entry: $0.748-$0.762
Stoploss: $0.738
Targets: $0.772 / $0.795 / $0.825
SUI took out $0.743 and immediately bounced, absorbing seller aggression at the bottom of the 1H Bollinger Band. This looks like smart money engineering a spring to trap retail shorts who piled in on the dump. Funding is still neutral, but OI is ticking up, suggesting new positions are entering. A reclaim of $0.767 would confirm the structure. Lose $0.738, and the thesis is invalid.
Trade $SUI here 👇
$SUI just swept the daily low, showing a potential spring forming into demand.
Entry: $0.748-$0.762
Stoploss: $0.738
Targets: $0.772 / $0.795 / $0.825
SUI took out $0.743 and immediately bounced, absorbing seller aggression at the bottom of the 1H Bollinger Band. This looks like smart money engineering a spring to trap retail shorts who piled in on the dump. Funding is still neutral, but OI is ticking up, suggesting new positions are entering. A reclaim of $0.767 would confirm the structure. Lose $0.738, and the thesis is invalid.
Trade $SUI here 👇
