SUIUSDT Perpetual Contract
Long
Updated

SUI | — Key Buy Trigger Ahead

449
Price is drifting lower and approaching a high-confluence retracement zone. A key bullish setup may form if price sweeps the 0.618–0.666 Fibonacci region and reclaims the level with strength.

📌 Buy Trigger:
• Sweep into the $2.38–2.5 zone
• Look for reclaim and bullish reversal for long entry
• Structure remains constructive while above monthly support ($1.91)

📈 Reclaim Level for Strength:
• $2.83 — clearing this confirms bullish intent
• Flip = strength toward $3.80 and beyond

🎯 Targets:
• $2.83 → Range reclaim level
• $3.50–3.60 → local resistance
• $5.36–5.37 → full upside liquidity target

🟥 Invalidation:
• Clean break below $1.90 (monthly support) = full invalidation

📌 Best setups form when liquidity is swept and price reclaims structure. Wait for the flush and follow strength.
Trade active
✅ Position added at fib support zone ($2.38–2.40)
✅ Structure bullish, watching for daily close above $2.90 to confirm breakout
✅ Major targets above on strength: $4.09, $5.36

🎯 Trading Plan:

Primary Scenario:

Hold/accumulate as long as above $2.38–2.40

Confirmed breakout long only on daily close above $2.90

Targets: $2.83, then $4.09 and $5.36

Invalidation:

Lose $2.38 and especially $1.90 (monthly support) — exit and reassess

🚨 Risk Warning:
No full confirmation until daily closes above $2.90
Use stops below $2.38 or $1.90 for risk control

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