$SUI Today's Pro Trading Plan for $SUI/USDT - May 8, 2025

• Entry Zone:

• Optimal Buy Range: 3.5800–3.6200. This aligns with the immediate support zone (prior resistance flip) and EMA(20) confluence at 3.5700. A retest of the 1D close above 3.6000 confirms bullish momentum.

• Stop Loss:

• Structural Invalidation: 3.4500 (below 24h low of 3.2333 is too wide; use nearest swing low and EMA(200) at 2.2771 as longer-term invalidation). Tighten to 3.4500 to cap risk.

• Risk/Reward Ratio: 1:3.5 (0.15 risk vs 0.53 reward to Target 3).

• Profit Targets:

• Target 1 (Conservative): 3.7500 – intraday resistance from prior fractal highs.

• Target 2 (Mid-range): 3.9500 – aligns with 1.618 Fibonacci extension of recent swing.

• Target 3 (Aggressive): 4.1300 – liquidity pool above psychological $4.00.

• Strategy:

• Price holds above EMA(20) with bullish RSI divergence on 4H. Breakout above 3.6500 (24h high) opens path to Target 1. EMA(20)/EMA(200) golden cross pending (current EMA(20): 2.1948; EMA(200): 2.2771). Focus on order block at 3.5800 for dip-buying.

• Market Sentiment:

• Bullish bias (6.57% surge, high USDT volume at 295M). Retail FOMO evident in elevated SUI volume (86M). Momentum favors continuation; watch for overextension near 3.7500.

• Invalidation/Caution:

• Close below 3.4500 negates setup (potential false breakout). Monitor 15M RSI >70 for intraday pullback. Reassess if Binance vol diverges (current vol: 36M vs MA(20): 85M).

Execute with discipline. Adjust partial profits at Target 1.