$SUI /USDT Trade Strategy Next Move Unlocked ๐ฏ ๐๐ฅ
Are you ready to ride the Layer 1 wave with SUI? ๐ฏ
Chapter 1: The Entry Zone
Breakout Entry: Enter above $4.62, signaling bullish continuation with volume confirmation.
Retracement Entry: Enter near $4.30, a strong support zone for potential rebound.
Chapter 2: The Profit Milestones ๐ฏ
๐ฏ Target 1: $4.80 โ The Immediate Resistance, close to recent highs.
๐ฏ Target 2: $5.10 โ The Momentum Extension, aligned with Fibonacci levels.
๐ฏ Target 3: $5.50 โ The Skyline Zone, high-risk, high-reward for trend followers.
Chapter 3: Guarding Your Capital
Stop-Loss: Place at $4.20, just below critical support, to protect against downside.
Guiding Indicators for Precision
RSI: Monitor for overbought signals (>70) before profit-taking.
EMA (20, 50): Ensure the trend stays bullish.
Volume: High volume sustains confidence in the rally.
Risk Management for Layer 1 Riders
Risk no more than 1-2% of your capital per trade.
Maintain a 2:1 reward-to-risk ratio for optimal returns.
$SUI
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