SUI Coin Trading Operation – June 9, 2025

Today I executed a short-term scalp trade on SUI/USDT, taking advantage of a breakout pattern forming on the 15-minute chart. SUI had been consolidating in a tight range between $0.89–$0.91 for several hours. I noticed a significant uptick in volume and a bullish flag pattern, which indicated potential for a breakout.

I entered the trade at $0.912, right after the candle closed above the resistance with confirmation from both volume spike and RSI breaking above 60. My stop-loss was placed at $0.889, just below the consolidation range, keeping risk minimal. My initial target was $0.948, based on measured move projection from the flagpole height.

Within 40 minutes, price hit the first target. I closed 70% of the position there and moved the stop-loss to breakeven. The rest I trailed until $0.962, where I closed out fully. Total gain: approx. 5.2%.

SUI’s fundamentals are improving as adoption grows, but I still treat it mostly as a short-term technical asset due to its volatility. Overall, a clean and profitable trade.