SUI $100 TRADE PLAN..!!!
Sui (SUI) is trading at $3.28, experiencing a slight decline of 1.50% over the past 24 hours.
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📈 SUI Forecast & Trade Plan
Current Price: $3.28
Market Sentiment: Slightly Bullish
Key Resistance Levels: $3.65 → $4.28 → $5.14
Key Support Levels: $3.15 → $2.85
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🔍 Short-Term Forecast (1–7 Days):
SUI has rebounded from a key support zone at $3.15, indicating potential for an upward move. If the price sustains above $3.28, a breakout towards the $3.65 zone is plausible. A successful close above that may push SUI towards $4.28.
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💼 Trade Plan:
Long Setup:
Entry: $3.20–$3.30
Target 1: $3.65
Target 2: $4.28
Stop-Loss: $3.05
Leverage (Optional): Max 3x (due to token unlock risk)
Short Setup (Only if breakdown):
Entry: Below $3.05
Target 1: $2.85
Stop-Loss: $3.18
Leverage: 2–3x conservative
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⚠️ Risk Management:
Keep risk per trade <2% of capital
Avoid overexposure before token unlock
Monitor for announcements related to SUI
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📊 Summary:
SUI is currently exhibiting bullish technical indicators, with potential targets at $3.65 and $4.28. However, the upcoming token unlock event may lead to heightened volatility. Traders should monitor market developments closely and consider risk management strategies.