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$SUI Long Setup Alert, Bull Analysis
$SUI /USDT shows a sharp capitulation drop from 1.79 into a sweep low at 1.517, followed by consolidation and base-building around 1.55–1.56. With 1.542 holding as the intraday floor, a rebound toward 1.59 and the 1.63 area looks probable. This setup is at risk if SUI breaks below the 1.54 support and fails to reclaim.
📊 Market Snapshot
Timeframe Analyzed: 1H
Current Price: 1.5594
24h High: 1.5942
24h Low: 1.5418
Volume: 41.00M SUI
Volume: 64.30M USDT
📌 Key Levels to Watch
Support: 1.559, 1.542, 1.517, 1.503
Resistance: 1.594, 1.626, 1.688
🎯 Trade Setup
Entry Zone: 1.545 to 1.565
TP1: 1.594
TP2: 1.626
TP3: 1.688
SL: 1.532
⚠️ Invalidation
Setup invalid if SUI closes 1H below 1.542 and fails to reclaim (bearish continuation back into the sweep zone).
✨ Summary
Bounce setup while 1.542 holds. As long as price stays above the stated supports, the path toward 1.594–1.688 remains in play. Watch for a break and retest above 1.594 with volume expansion to confirm continuation.
#SUI #SUIUSDT #CryptoTrading #LongSetup #PriceAction