$SUI
Trading Strategy Suggestions
1. Short-Term:
Buy Zone: Between $4.35 and $4.50 (support levels).
Sell Zone: Near $4.96 or above, aiming for the breakout level of $4.99.
Stop-Loss: Below $4.30 to minimize risk.
2. Long-Term:
If SUI breaks above $4.99 with volume, it could indicate a sustained upward trend. Monitor for potential resistance near $5.20.
3. Risk Management:
Given the significant 24h volume and upward trend, scaling into positions cautiously is advisable, especially around resistance levels.
