SUI – Long Trade Setup After Trend ReversalSUI has broken out of its downtrend, hitting all prior upside targets and now pulling back toward a key support area and the 200-day EMA, potentially forming a higher low—an ideal spot for re-entry.
🔹 Entry Zone:
Around $2.80
🎯 Take Profit Targets:
🥇 $3.40 – $3.60
🥈 $4.00 – $4.20
🥉 $5.00 – $5.20
🛑 Stop Loss:
Daily close below $2.20
📌 Strategy Notes:
Look for bullish confirmation (e.g., wick rejections, bullish engulfing candle) near $2.80
Structure remains intact as long as price holds above $2.20
EMA retests often precede strong continuation if trend strength remains
