$SUI

#TradeOfTheWeek #BTCtrade

1. Entry Point(s):

Current Price: $3.9478

The price is slightly below the 7 MA (3.9699) and 25 MA (3.9575), indicating short-term weakness.

Ideal Entry Range: $3.90–$3.94

This range is near a consolidation zone and minor support formed after the recent pullback from the $4.10 high.

Entry on a small retracement (closer to $3.90) offers a better risk-reward setup.

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2. Stop-Loss Placement:

Suggested Stop-Loss: $3.82

Below recent hourly support and just under the cluster of price action between $3.84–$3.85.

Also gives room below the 99 MA ($3.5413), which acts as strong dynamic support.

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3. Take-Profit Target(s):

Target 1 (Short-Term): $4.05

Previous resistance zone just below the recent high. Suitable for partial profit.

Target 2 (Mid-Term): $4.10–$4.12

Retest of the recent swing high at $4.10.

Target 3 (Extension): $4.25

If momentum sustains and breaks $4.10 with volume, $4.25 is a feasible extension target.