$SUI TESTS THE INVALIDATION ... Divergence Setup Holding On By A Thread
Long Setup
Entry: 0.8700
TP1: 0.9000
TP2: 0.9450
Final Target: 1.0000
SL: 0.8380
I have to be honest with this one — SUI's bullish divergence play is now sitting exactly on the invalidation level I flagged last time, which is 0.8720. Being at the edge isn't bullish by itself, but what matters is how the price is behaving there: the 0.8500 higher low hasn't been broken, the daily RSI is still printing higher lows against the price's lower low, and CVD hasn't flipped negative. That combination means the buying absorption is real even if the price is compressed. What I'm doing here is tightening the entry to the actual current price zone instead of pretending the 0.9070 level is still in play — buying the real dip, with a tighter structural stop just under the 0.8500 low.
As long as 0.8500 holds, I still see more bullish momentum ahead.
A clean breakout above 0.8900 could open the way towards 0.9450 – 1.0000.
Still looking strong ... Bulls have the upper hand!
Trade with stop loss.
$SUI
Long Setup
Entry: 0.8700
TP1: 0.9000
TP2: 0.9450
Final Target: 1.0000
SL: 0.8380
I have to be honest with this one — SUI's bullish divergence play is now sitting exactly on the invalidation level I flagged last time, which is 0.8720. Being at the edge isn't bullish by itself, but what matters is how the price is behaving there: the 0.8500 higher low hasn't been broken, the daily RSI is still printing higher lows against the price's lower low, and CVD hasn't flipped negative. That combination means the buying absorption is real even if the price is compressed. What I'm doing here is tightening the entry to the actual current price zone instead of pretending the 0.9070 level is still in play — buying the real dip, with a tighter structural stop just under the 0.8500 low.
As long as 0.8500 holds, I still see more bullish momentum ahead.
A clean breakout above 0.8900 could open the way towards 0.9450 – 1.0000.
Still looking strong ... Bulls have the upper hand!
Trade with stop loss.
$SUI
