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$SUI showing very strong breakout signals on the 4H timeframe as the price breaks through an important resistance zone accompanied by increasing momentum and trading volume. The current trend structure is clearly leaning towards the buying side as higher highs and higher lows are formed, indicating that buying pressure is controlling the market.
📈 Suggested trading strategy:
⟶ Entry zone: 1.060 – 1.085
• Take profit (TP1): 1.120
• Take profit (TP2): 1.180
• Take profit (TP3): 1.250
⛔ Stop loss (SL): 1.020
The price is maintaining above the short-term support zone, and if the upward momentum continues to be sustained, there is a strong possibility of extending to higher target levels.
However, due to the high leverage (100x), small fluctuations can significantly impact the account, so strict capital management and discipline in stop-loss are necessary.
As long as trading volume remains positive and the price continues to maintain an upward structure, the short-term trend of $SUI still favors the bulls.
{spot}(SUIUSDT)