✅ Trading strategy for June 19 – SUI/USDT
Note: If BTC surpasses 107k or breaks 102k, the strategy below is no longer valid.
🔸 SUI/USDT
• Short: 2.89
⛔ SL: 2.94
🎯 TP: 2.78
→ Price is approaching strong resistance around 2.90, showing signs of exhaustion.
• Long: 2.77
⛔ SL: 2.67
🎯 TP: 2.85
→ Clear technical support zone, has bounced back multiple times in recent sessions.
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📌 Summary:
• SUI is still in a wide sideways channel, with a range large enough for 3–4% swings.
• Prioritize Short orders near resistance / Long orders close to support, strictly adhere to SL.
• Volume is slightly decreasing, so avoid holding positions for too long if BTC fluctuates.
