$SUI ā Trade Setup
š¹ Entry Point (Buy Zone):
Aggressive Entry: $2.88 ā $2.90 (current price near consolidation)
Safe Entry: Around $2.85 if price dips slightly or retests support.
šÆ Take Profit Targets:
1. TP1: $3.08 ā previous high and recent resistance
2. TP2: $3.20 ā next psychological resistance
3. TP3: $3.40 ā extended bullish move target if volume confirms breakout
š Stop Loss:
SL1: $2.76 (below 99 MA)
SL2: $2.68 (below structure and strong support)
š Risk Management Tip:
Risk/Reward ratio should ideally be 1:2 or better.
If entering at $2.90 with SL at $2.76 and TP1 at $3.08 ā RR = 1.28
Better RR if TP2 or TP3 hits.