$SUI Consolidating Under the High
SUI climbed from 0.8131 to a 0.9528 high, a +10.3% move on 9.73M in volume. Price is now pinned at 0.9411, right on the mark price, coiling just beneath resistance. Tight compression after a strong run often precedes the next leg.
Direction: Long (buy the dip or breakout hold)
Entry (EP):0.930 0.941
Take Profit (TP):
TP1: 0.9528 (retest of the high)
TP2: 0.9800
TP3: 1.0100
Stop Loss (SL):0.9040
Stop sits below the recent swing low, keeping risk defined while the upside stays open. A clean break above 0.9528 on volume could trigger fast momentum.
*Not financial advice. Manage your risk and never risk more than 1-2% per trade.
SUI climbed from 0.8131 to a 0.9528 high, a +10.3% move on 9.73M in volume. Price is now pinned at 0.9411, right on the mark price, coiling just beneath resistance. Tight compression after a strong run often precedes the next leg.
Direction: Long (buy the dip or breakout hold)
Entry (EP):0.930 0.941
Take Profit (TP):
TP1: 0.9528 (retest of the high)
TP2: 0.9800
TP3: 1.0100
Stop Loss (SL):0.9040
Stop sits below the recent swing low, keeping risk defined while the upside stays open. A clean break above 0.9528 on volume could trigger fast momentum.
*Not financial advice. Manage your risk and never risk more than 1-2% per trade.
