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SUI / TetherUS
Updated

SUI ANALYSIS

173
After a bearish trend with a strong move, a bullish iCH has formed on the chart.

It is expected that after sweeping the high liquidity pool and hitting the Supply, it will return to the Demand side and then move to the specified tarps.

Therefore, we are looking for sell/short positions in the Supply range and Buy/Long positions in the Demand range.

Closing a daily candle above Supply or below Demand will violate our view on the SUI.

Note that the financial market is risky, so:
Do not enter a position without setting a stop and capital management and confirmation and trigger.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
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Trade active
This setup is still valid and if it reaches our entry range, we will enter a buy/long position

snapshot

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