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$SUI bullish recovery after a liquidity grab.
Price wicked into 0.8416 (24H low) and reacted strongly. Sellers forced the breakdown, but follow-through was weak. That indicates buyers stepped in at that level.
Market Read:
0.8892 stands as the recent 24H high before rejection.
Price sold off and flushed into 0.8416, clearing stops.
Now we’re reclaiming the 0.8600 area on the 1H.
If 0.8500 holds as support, continuation higher becomes probable.
Entry Point:
0.8550 – 0.8650 on pullback
Or breakout entry above 0.8900
Target Points:
TP1: 0.8840
TP2: 0.9100
TP3: 0.9350
Stop Loss:
Below 0.8416
How it’s possible:
Liquidity below 0.8416 has been cleared. After stop hunts, price commonly rotates back toward previous supply zones.
If buyers defend above 0.8500 and break 0.8900 with volume, momentum can build toward 0.9100+ and potentially a retest of the 0.9350 region.
Trading the structure with defined risk and clear invalidation.