Hello traders,
This analysis highlights a high-probability long setup on SUI/USDT (2H Chart). The current price action presents a classic institutional-style reversal pattern, strongly confirmed by momentum indicators signaling a bottom may be in.
1. Trend & Context (The "Why")
While the short-term trend has been corrective after a "Bearish ChoCh," price has now entered a major area of interest where a powerful bullish move could originate.
Here is the confluence checklist:
Primary Signal (LSOB Zone): Price has tapped into a key Bullish LSOB (Liquidity Sweep Order Block). This is a critical demand zone where smart money is likely to absorb selling pressure and initiate long positions.
Liquidity Sweep Confirmation: The price action confirms this with a clear Liquidity Sweep (LQDT), where the price wicked down to take out stops below the previous lows before reversing. This is a very strong bullish signal.
Momentum Exhaustion (MC Orderflow): This is where the setup gains its highest conviction:
The MC Orderflow oscillator is in the EXTREME OVERSOLD territory, indicating that sellers are exhausted.
CRITICAL MTF CONFLUENCE: The Multi-Timeframe Cycle Table is showing that both the 4H and Daily timeframes are "Oversold." This alignment of higher timeframe momentum with our 2H demand zone is the most powerful confirmation for this trade.
2. Entry, Stop Loss, and Targets (The "How")
This confluence provides a clear and structured trade plan with excellent risk-to-reward potential.
Entry: An entry around the current price ($3.50 - $3.58) is ideal, as we are in the LSOB demand zone. For a more conservative entry, one could wait for the 2H candle to close bullishly.
Stop Loss (SL): $3.38. This places the stop loss just below the low of the liquidity sweep wick. If this level is broken, the bullish setup is invalidated.
Take Profit (TP) Targets:
TP1: $3.90 (Targeting the cluster of short-term EMAs and the recent swing high).
TP2: $4.28 (The next major structural resistance).
TP3: $4.45 (The major swing high, which is also a Bearish LSOB supply zone).
Conclusion
This trade presents a superb opportunity due to the powerful combination of a price-action sweep into a key demand zone (LSOB), confirmed by severe multi-timeframe momentum exhaustion. This alignment across indicators points towards a high-probability bullish reversal.
Disclaimer: This is not financial advice. This analysis is for educational purposes only. Always conduct your own research and manage your risk appropriately.
This analysis highlights a high-probability long setup on SUI/USDT (2H Chart). The current price action presents a classic institutional-style reversal pattern, strongly confirmed by momentum indicators signaling a bottom may be in.
1. Trend & Context (The "Why")
While the short-term trend has been corrective after a "Bearish ChoCh," price has now entered a major area of interest where a powerful bullish move could originate.
Here is the confluence checklist:
Primary Signal (LSOB Zone): Price has tapped into a key Bullish LSOB (Liquidity Sweep Order Block). This is a critical demand zone where smart money is likely to absorb selling pressure and initiate long positions.
Liquidity Sweep Confirmation: The price action confirms this with a clear Liquidity Sweep (LQDT), where the price wicked down to take out stops below the previous lows before reversing. This is a very strong bullish signal.
Momentum Exhaustion (MC Orderflow): This is where the setup gains its highest conviction:
The MC Orderflow oscillator is in the EXTREME OVERSOLD territory, indicating that sellers are exhausted.
CRITICAL MTF CONFLUENCE: The Multi-Timeframe Cycle Table is showing that both the 4H and Daily timeframes are "Oversold." This alignment of higher timeframe momentum with our 2H demand zone is the most powerful confirmation for this trade.
2. Entry, Stop Loss, and Targets (The "How")
This confluence provides a clear and structured trade plan with excellent risk-to-reward potential.
Entry: An entry around the current price ($3.50 - $3.58) is ideal, as we are in the LSOB demand zone. For a more conservative entry, one could wait for the 2H candle to close bullishly.
Stop Loss (SL): $3.38. This places the stop loss just below the low of the liquidity sweep wick. If this level is broken, the bullish setup is invalidated.
Take Profit (TP) Targets:
TP1: $3.90 (Targeting the cluster of short-term EMAs and the recent swing high).
TP2: $4.28 (The next major structural resistance).
TP3: $4.45 (The major swing high, which is also a Bearish LSOB supply zone).
Conclusion
This trade presents a superb opportunity due to the powerful combination of a price-action sweep into a key demand zone (LSOB), confirmed by severe multi-timeframe momentum exhaustion. This alignment across indicators points towards a high-probability bullish reversal.
Disclaimer: This is not financial advice. This analysis is for educational purposes only. Always conduct your own research and manage your risk appropriately.
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.