This long trade setup on SUIUSDT.P is based on a bullish breakout structure with a clean upward momentum. Entry is placed at 2.9870, aligned with recent support confirmation. The Take Profit is set at 3.3097, targeting the next resistance zone, while the Stop Loss is secured at 2.9117 to manage downside risk. The trade offers a strong Risk-to-Reward Ratio of 4.28, making it a high-conviction opportunity in a trending market environment.
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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.