$SUI Swing Trade Setup – Breakout Confirmation & R/R Plan📌 Analysis Summary:
SUI has broken out of a strong falling channel structure that started in late May.
We’re now seeing a bullish breakout + retest, suggesting a potential trend reversal from bearish to bullish.
A small consolidation zone near the breakout confirms strength, supported by buyer presence near previous highs.
🛠️ Trade Plan (Swing Setup):
Entry: $2.89 (current price zone, post-breakout consolidation)
Stop Loss: $2.62 (below consolidation + last support structure)
Take Profit: $3.62 (near previous key resistance level)
Risk/Reward Ratio: ~2.7R
🔎 Key Technicals:
Breakout from downtrend channel
Consolidation above previous structure
Higher low formation visible
Volume remains steady, showing no strong rejection
🧠 Trade Management:
Partial TP can be considered around $3.30
Monitor BTC movement for broader sentiment
Break below $2.62 invalidates this setup
📈 This is a swing position, not a scalp — ideal for 3–10 day holding period if structure holds.
🛑 Always use proper risk management.
🔔 Follow for more clean setups.
