#sui 【Strategy details】


▶ Trigger conditions: When the price rebounds to the 0.758-0.762 zone, show 1-hour-long upper wicks or signals of high-volume but stalled price action; or if it directly breaks below 0.750 with increased volume
▶ Entry: After the trigger, short immediately with market order, or place limit orders at 0.758-0.762
▶ Stop loss: 0.766 (above the previous high of 0.768 before the double top breakout, plus buffer; stop-loss distance is 4-8 points, counted with 0.001 = 1 point)
▶ Take profit 1: 0.744-0.746 (reduce position by 50%) — revisit the intraday low area tonight
▶ Take profit 2: 0.720 (reduce the remaining position by 50%) — July 14 panic low
▶ Add to position: Only when in floating profit. If it drops below 0.744 and then rebounds to the 0.748-0.752 zone, and within 15 minutes forms a high-volume long upper wick, you may add to the position; after adding, all positions’ stop loss is unified and moved to 0.753
▶ Opening validation: Within 1 hour after entry, the price must stay below the entry price. If, by the 1-hour close, it returns above the cost price with increased volume, directly exit manually.
【Risk-reward ratio】(based on 0.760 entry, 0.766 stop loss, first target 0.745: stop loss 6 points, target 15 points) is about 1 : 2.5 — **conditions met**
【Risk warning】⚠️ SUI is spot trading, with volatility around 5-6%. The current 100 thousand volume is extremely low; the rebound is very weak. Suitable to place short limit orders at 0.758-0.762 and wait. If the price breaks through 0.768 with increased volume, the double top fails and the direction turns bullish. Enter at your own decision—right to stay, wrong to cut.
SUI0.17%
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
  • Pinned