$SUI Today's Pro Futures Trading Plan: SUI/USDT - May 16, 2025
• Trade Direction: Long. Price holds above MA(200) (3.1736), with MA(20) (3.9078) acting as dynamic support. Recent bounce from 24h low (3.6358) and bullish momentum (+1.09%) suggest continuation.
• Entry Zone: 3.85–3.90 (confluence near MA(20) and pullback zone).
• Stop-Loss: 3.63 (below 24h low; invalidates structure).
• Risk/Reward Ratio: 1:3 (SL: 3.63 vs. TP1: 3.95).
• Profit Targets:
• Target 1: 3.95 (24h high).
• Target 2: 4.10 (Fibonacci 161.8% extension).
• Target 3: 4.30 (swing high extension).
• Exit Strategy: Trail stop above breakeven after Target 1, lock 50% at Target 2.
Strategy Explanation: Uptrend confirmed by higher lows, MA alignment, and bullish RSI divergence. Break above 3.95 signals acceleration.
• Volume Profile: High 24h volume (282M USDT) supports bullish bias; watch for follow-through above 3.95.
• Leverage: Moderate (5–10x); volatility justifies caution.
• Market Sentiment: Neutral-bullish; Layer 1 narrative and volume uptick hint at accumulation.
• Invalidation: Close below 3.63 triggers exit.
• Alternative Scenario: Failure to breach 3.95 may signal consolidation; shift to range-bound strategy (3.63–3.95).