Current Situation:
SUI has successfully flipped the previous resistance level into support, demonstrating strong bullish momentum and a healthy setup for a long position.
Trade Strategy:
Entry Point: Enter a long trade above $1.10.
Take Profit Targets: $1.30, $1.50, $1.70
Stop Loss: Set a stop loss just below $1.01 to manage risk effectively.
📊🔍 Monitor the price action closely and adjust the strategy as necessary to align with market conditions. #SUIAnalysis #CryptoTrading 🌐🔒
SUI has successfully flipped the previous resistance level into support, demonstrating strong bullish momentum and a healthy setup for a long position.
Trade Strategy:
Entry Point: Enter a long trade above $1.10.
Take Profit Targets: $1.30, $1.50, $1.70
Stop Loss: Set a stop loss just below $1.01 to manage risk effectively.
📊🔍 Monitor the price action closely and adjust the strategy as necessary to align with market conditions. #SUIAnalysis #CryptoTrading 🌐🔒
