Chartist: Kyle

(For the chart screenshot, click here.)

Trade Update on SUI:

SUI continues to outperform the rest of the market, and we are starting to see a clear change of character on the higher timeframes. Clearing the 21-week EMA off the market structure shift (MSS) higher low was step one, which led us into our first target profit (TP) zone.

With price now approaching our second TP zone up 60% from our entries, we’ll keep a close eye on the $1.20 level. For further continuation higher, we need to see price flip $1.25 into support. Additionally, it's crucial that the daily close holds above $1 to maintain bullish momentum.

We’ll stay focused, and continue to manage this trade smartly.

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