$SUI Signal】Long position, volume breakout + steady funding rate


$SUI Funding rate 0.01%, open interest stable, 24-hour trading volume 1.54B, price continues to consolidate with volume increasing around 1.31. No gaps in buy order depth, sell orders are sparse.

🎯Direction: Long

⚡Entry/Order placement: Within the 1.3039 - 1.3171 range, current price 1.3105 can be taken

🛑Stop loss: 1.2935

🚀Target 1: 1.3642

🚀Target 2: 1.3878

🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, move stop loss up to entry price. If price falls back below 1.3039, exit proactively.

Strong support around 1.31, no significant pullback after breakout, short-term bullish momentum remains intact. Current risk-reward ratio is close to 2:1. If the 1-hour chart stabilizes above 1.31, the upward probability is higher.

View real-time market 👇 $SUI
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#Gate广场五月交易分享 #BTC突破82000美元 #特朗普5月13日访华
SUI20.65%
BTC-0.14%
ETH0.01%
SOL1.41%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin