Trading Signal for $SUI /USDT
*Entry PointEntry Price: 2.26 USDTThis price is chosen based on the current price level indicated in the screenshot, near the recent consolidation zone.
*Stop-LossStop-Loss Price: 2.20 USDTPlaced slightly below the recent low of 2.2081 to limit potential losses.
*Take-ProfitTake-Profit Price: 2.38 USDTTargeting the recent high of 2.3880, where there may be resistance.
*Technical Indicators:RSI (6): The RSI is around 53.88, indicating a neutral to mildly bullish sentiment. Watch for RSI moving above 60 for confirmation of upward momentum.
*Moving Averages (MA5 and MA10): The MA5 is above the MA10, which may indicate short-term bullishness if sustained.Suggested StrategyLong (Buy) Position:
*Enter at 2.26 USDT.If the price moves up and reaches the target of 2.38 USDT, exit the trade.If the price drops to 2.20 USDT, cut losses and exit.Always consider risk management based on your account balance, position sizing, and potential slippage.$SUI click and get in trade .
