$SUI /USDT BULLISH CONTINUATION SETUP
$SUI is maintaining strong bullish momentum with price positioned above key moving averages MA(7), MA(25), and MA(99), confirming a solid uptrend. The MACD indicator shows a positive crossover, indicating rising buying pressure supported by robust volume.
Long Entry: Enter long on a minor pullback near MA(7) to optimize risk.
Targets:
TP1: 3.8852 (immediate resistance)
TP2: 3.95 (next resistance level)
Stop Loss: Set stop loss just below MA(25) to protect against downside risk.
Risk Management: Maintain a risk-to-reward ratio of at least 1:2. Limit exposure to 1-2% of total capital and apply trailing stops to lock in profits as the trend progresses.
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