SUI/USDT 1H: Bullish Reversal Confirmed – Targeting $2.55?

SUI/USDT 1H: Bullish Reversal Confirmed – Targeting $2.55?
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Market Structure (Confidence Level: 8/10):

• Bullish reversal confirmed after breaking $2.20 resistance with strong volume.
  
• RSI shows hidden bullish divergence, supporting continued upside momentum.
  

Smart Money Analysis:

• Major order block formed at $2.05-$2.10, confirming institutional accumulation.
  
• Break of bearish market structure at $2.28, shifting momentum to the upside.
  
• Clear accumulation pattern visible, indicating Smart Money positioning for a move higher.
  

Trade Setup:

• Entry: $2.28 - $2.31 (current retest).
  
• Targets:
  
• T1: $2.45 (Fair Value Gap).
  
• T2: $2.55 (major resistance).
  
• Stop Loss: $2.05 (below recent swing low).
  

Risk Score:

• 8/10 – Strong risk-to-reward setup, but market volatility requires tight risk management.
  

Market Maker Activity:

• Currently engineering liquidity build above $2.40, likely before the next leg up.
  
• Volume profile supports bullish continuation, with Smart Money accumulating.
  

Recommendation:

• Long positions remain favorable in the $2.28 - $2.31 range.
  
• Monitor price action near $2.40 for signs of a breakout.
  
• Use tight stops, given recent volatility, to protect against unexpected pullbacks.
  

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