SUI/USDT 1H: Accumulation in POC Zone – Targeting $3.40 Next?

SUI/USDT 1H: Accumulation in POC Zone – Targeting $3.40 Next?
🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!

Current Market Condition:

• Price at $3.13, consolidating within the equilibrium zone after rejection from $3.40.
  
• Hidden bullish divergence forming on RSI, indicating accumulation as price makes equal lows while RSI forms higher lows.
  
• Market Makers likely positioning within the Point of Control (POC) zone for a potential move higher.
  
• Strong support at $3.10, aligning with FVG fill zone, reinforcing demand.
  

Trade Setup:

• Confidence Level: 8/10 – Strong setup with favorable risk-to-reward.
  
• Entry Zone: $3.12-$3.15.
  
• Targets:
  
• T1: $3.40 (previous resistance).
  
• T2: $3.60 (premium zone).
  
• Stop Loss: Below $3.05 (key invalidation level).
  

Risk Score:

• 8/10 – Smart Money accumulation signals strong upside potential, but confirmation is required.
  

Market Maker Intent:

• Accumulation in progress within the equilibrium zone.
  
• A break above $3.20 will confirm bullish continuation and increase momentum.
  
• Multiple premium zones above suggest potential for extended upside moves.
  

Recommendation:

• Long positions favorable within $3.12-$3.15.
  
• Watch for a break above $3.20 to confirm bullish momentum.
  
• Maintain a tight stop-loss at $3.05 for risk management.
  

Confidence Level:

• 8/10 – Strong Smart Money accumulation signals, with confirmation key for continuation.
  

🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!