📈 $SUI Daily Breakout Alert 🚀
SUI is displaying strong bullish momentum on the 1D chart as it clears key horizontal resistance and moves out of its accumulation phase!
Price action has decisively broken above the pink demand/resistance zone (0.81 – 0.85), confirming strong buyer takeover and a shift in market structure. With volume increasing behind this expansion, SUI is positioning for a potential continuation toward the upper target zone! 🎯
📍 Trade Plan
* 🟢 Entry: 0.85 – 1.02 (Retest of pink breakout zone / Current Market Price)
* 🎯 Target 1: 1.25 (~30% potential gain)
* 🎯 Target 2: 1.55 – 1.57 (~56% full measured move target)
* 🛑 Stop Loss: 0.78 (Invalidation below key structural support)
💡 Key Takeaways
* Structural Shift: Strong green daily breakout candle above the key supply zone (0.81 – 0.85).
* Support Flip: The previous pink resistance region is now expected to act as primary demand on any pullbacks.
* Volume Accumulation: Solid volume supports early position positioning for medium-term upside.
⚠️ Risk Management: Protect capital with a strict stop-loss and lock in partial profits as targets are reached!$FORM
$NIL