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Advice from an expert trader to everyone on some strategies for building a position in major currencies, depending on the choice.
1. Hyperlink (HYPE)
Good news: BN has been listed on the US stock market today, with a monthly increase of 48.89%.
Resistance level: $38.00 (psychological point + previous high).
Support level: $35.80 (Average 7 days).
**Building Center**:
Pull back to the $36.0–$36.5 range to establish a position of 3%;
Breakthrough $37.5 buy with a 2% increase, target $40, stop loss $35.0. 2. XRP*
Event: The critical date for the Ripple case with the SEC in July, if victorious it could rise to $5–$7.
Pressure level: $2.30 (Short-term resistance), $2.50 (Breakout signal).
Support level: $2.10 (previous low ), $2.00 (psychological point ).
**Building Center**:
The current price is $2.21, building a 5% position; if it drops to $2.10, a stop loss will be triggered;
Break 2.30 dollars and add 3% to target 2.50 dollars → 2.80 dollars. 3. Settle (SUI)
Risk Warning: 44,000,000 coins will be opened today (, amounting to 1.228 million USD ), which represents 0.86% of the total supply.
Pressure level: $2.84 (Previous high resistance).
Support level: $2.56 (Strong support during the day), $2.50 (Psychological level).
**Building Center**:
If $2.56 is not broken on the rebound, try buying at 2%.
A breach of $2.70 confirms a reversal of the trend, target $2.84, stop loss $2.48.