$SUI
Market Analysis on May 6, 2025: SUI/U (Not Investment Advice)
Brothers, the chart has just been updated, and SUI's short-term strategy has progressed further. The risk-reward ratio for this long position has improved to 2.34, and the position has been adjusted to be more reasonable. Let's take a look below:
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Current Price: 3.3307U
• Entry Point: Around 3.33U (middle of the green box on the chart)
• Stop Loss: 3.285U (if it breaks down, it indicates a failure to stabilize, cut losses decisively)
• Target Price: Around 3.44U
• Risk-Reward Ratio: 2.34 (considered medium to high expectation, very worth trying in the short term)
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Key Points of Technical Analysis:
1. Downward Channel Broken: The yellow line in the above chart is the previous downward trend line, which has now been confirmed as broken;
2. Valid Pullback: This recent drop has pulled back to the previous starting point and has stabilized at 3.30U, showing signs of a stop-loss candlestick;
3. Strong Support Area: There are buy orders around 3.28~3.30U, which is a golden short-term buy zone;
4. Operation Suggestion: You can try going long with a light position, but if it breaks down, you must exit. Prioritize risk control; do not go heavy just because the risk-reward ratio is high.
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In a nutshell
This situation is like “holding a bomb, waiting to see who lets go first.” If you want to enter, make sure to set a stop loss, plan your trade, and trade your plan. Never change your mind at the last moment!
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