SUI/USDT is currently reacting from a well-defined demand zone between 3.32–3.44, with multiple confluences suggesting bullish potential. A clear bullish reaction is forming off this base, giving a solid risk/reward opportunity.
Trade Plan:
Entry: 3.4682
Stop-Loss: 3.2718 (below the demand zone)
Target: 3.9542 (previous high)
Risk:Reward Ratio: ~1:2.5
The price structure shows possible bottoming with a strong demand zone rejection. If momentum builds, a move toward the 3.95 region is likely. This trade favors patience and risk control.
Not financial advice. DYOR.
Trade Plan:
Entry: 3.4682
Stop-Loss: 3.2718 (below the demand zone)
Target: 3.9542 (previous high)
Risk:Reward Ratio: ~1:2.5
The price structure shows possible bottoming with a strong demand zone rejection. If momentum builds, a move toward the 3.95 region is likely. This trade favors patience and risk control.
Not financial advice. DYOR.
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.