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#SUI Buy Setup (4H Timeframe) Market structure on #SUI has shifted bullish on the daily timeframe with a strong pump from mid August which took price up to around $0.95. Moving down to the 4H Timeframe, We saw a short term down trend (pullback) into discount and price reacted from the 75% level marked with the rectangle on the chart. We can see from this analysis that there is an internal bullish shift in market structure (MSS) after a bearish break of structure (BOS). Price currently dropping into demand zone where I will be buying from to join the move. Inducement marked (X) which I express price to clear before my entry at 75% discount; $0.7329 to be precise. Invalidation of this buy would be a break below $0.6944 low. Full target set at the daily timeframe swing high ($0.9548). Share your thoughts!

14 days ago
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