$SUI ( click here before trading for better quality recommendations)
Based on technical analysis and the price movement of SUI/USDT, I propose the following trading strategies:
1. LONG Strategy (Buy):
- Accumulation buy zone: $3.58-3.62 (near MA20)
- Price targets:
+ Take Profit 1: $3.74-3.75 (previous 24h peak)
+ Take Profit 2: $3.85-3.90
- Stop loss: Below $3.52 (breaks short-term trend)
2. SHORT Strategy (Sell):
- Selling zone: $3.72-3.75 (strong resistance zone)
- Price targets:
+ Take Profit 1: $3.62-3.65
+ Take Profit 2: $3.55-3.58
- Stop loss: Above $3.80
Risk management recommendations:
- Do not all-in on one order
- Only use 2-5% of capital for each order
- Can split orders for DCA
- Always set stop loss to protect capital
- Monitor news and general market fluctuations
Note: This is for reference analysis only, not an investment recommendation. Investors need to take responsibility for their own decisions.