SUI/USDT --> Two-Step Setup: Retest QML, Then RallyHello guys!
Short version first: I expect a pullback to the QML (3.30–3.45), then a bounce that resumes the upside toward 3.80–3.90 (and potentially higher if momentum continues).
Why this makes sense (the plan):
Step 1 --> Pullback to QML:
Price broke the long descending trendline and impulsed higher, but the move is showing a normal two-leg structure: first leg up, now a corrective leg down. The green QML box (3.30–3.45) is the nearby demand zone and the most logical place for buyers to re-enter.
Step 2 --> Bounce & continuation:
If the QML holds and we get a bullish rejection (pinbar, engulfing, clear wick rejection, or a nice bullish close), the most likely path is a continuation back toward the recent supply area — 3.80– 3.90 as the first meaningful resistance. If momentum keeps, extensions toward the next structural highs become possible.
Final note
This is a two-step game: first, the retest, then the real trade. Don’t chase the breakout now; patience at the QML will give a cleaner, higher-reward setup.
