SUI/USDT (1H) Trade Plan


$SUI #USCoreCPIMissesExpectations
Market Overview
Current Price: 0.7519
Trend: Bullish overall, but short-term momentum is weakening after rejection from 0.7674.
Price remains above the 30 MA/EMA, keeping the broader structure positive.
MACD is showing a bearish crossover, indicating fading momentum.
KDJ is near oversold territory, suggesting a relief bounce may develop if support holds.
Key Levels
Support
S1: 0.7480
S2: 0.7400
Major Support: 0.7300
Resistance
R1: 0.7560
R2: 0.7675
Major Resistance: 0.7800
Long Setup
Entry: 0.7480–0.7520
Stop Loss: 0.7390
Take Profit
TP1: 0.7560
TP2: 0.7675
TP3: 0.7800
Extended TP: 0.8000
Breakout Strategy
Buy only after a 1-hour candle closes above 0.7675 with strong buying volume.
Entry: 0.7680–0.7710
Stop Loss: 0.7580
Targets: 0.7800 → 0.8000 → 0.8250
Short Setup
If 0.7480 breaks with strong selling volume:
Entry: Below 0.7480
Stop Loss: 0.7560
Targets: 0.7400 → 0.7300 → 0.7200
Risk Management
Risk only 1–2% of your trading capital on any single trade.
Secure partial profits at TP1 and move the stop loss to breakeven.
Wait for volume confirmation before trading any breakout or breakdown.
Trading Bias
The 1-hour trend remains cautiously bullish while SUI holds above 0.7480. A confirmed breakout above 0.7675 could drive the price toward 0.78–0.80, while a loss of 0.7480 would increase the probability of a pullback toward 0.7400 and 0.7300.
SUI2.70%
post-image
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