SUI/USDT
Hold for now, but prepare for a potential selling opportunity if price action shows weakness near the resistance levels.
- Resistance:
- Immediate resistance at 2.2874
- Next major resistance at 2.3200
- Support:
- Immediate support at 2.1933
- Stronger support around 2.1600
- Stop Loss: Place a stop loss slightly below the 2.1933 support level, around 2.1850, to manage risk.
- Take Profit:
- If it breaks resistance, consider taking profit around 2.3200 to 2.3400
- For shorter-term trades, you can lock in profits near 2.2874
Based on the current data, you could monitor closely for a breakout above the resistance or a retracement to support. Adjust based on the momentum and price action at those levels.
