$SUI Swing Trade Setup – Breakout Confirmation & R/R Plan

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📌 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.

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