⚠️ $SUI UPDATE !!! ⚠️
Entry Buy:
1. Entry Level:
Enter at a price around 3.55–3.60, when the price is near the closest support or shows a confirmed rebound (bounce).
Ensure there is buying volume (rising OBV) to confirm bullish momentum.
2. Confirmation:
Wait for a green candle on the 1-hour or 4-hour time frame, closing above MA(7) or MA(25) to confirm the trend remains bullish.
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Stop-Loss (SL):
Set your SL below a significant support level, such as:
3.40 (the nearest strong support level from the chart).
For a more conservative approach, below 3.32 (the previous lowest point).
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Take Profit (TP):
Target 1: 3.70 (closest initial resistance).
Target 2: 3.85 (higher resistance if the bullish momentum strengthens).
Use a Risk-to-Reward (R:R) ratio of at least 1:2 to maintain profitability.