📊 Analysis:
Interesting Level: SUI is at an interesting level, flipping its range high into support.
Short-Term Downtrend: A potential break from the short-term downtrend is anticipated.
Higher Low Formation: Aiming for a higher low formation after breaking previous highs at $1.70.
Entry Range: Consider laddering into a spot long between $1.4 and $1.7.
Take Profit Levels: Potential profits at $2 or $2.82.
Stop Loss: Set a stop loss under $1.34.
🌐 Note: Monitor SUI's price movement and adjust your strategy based on market conditions.
Interesting Level: SUI is at an interesting level, flipping its range high into support.
Short-Term Downtrend: A potential break from the short-term downtrend is anticipated.
Higher Low Formation: Aiming for a higher low formation after breaking previous highs at $1.70.
Entry Range: Consider laddering into a spot long between $1.4 and $1.7.
Take Profit Levels: Potential profits at $2 or $2.82.
Stop Loss: Set a stop loss under $1.34.
🌐 Note: Monitor SUI's price movement and adjust your strategy based on market conditions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.