Signal!!!
Coin Name|$SUI
Trading Signal
Given the strong downtrend but oversold conditions, a short-term buy (scalp trade) with tight risk management is suggested.
Entry Points:
Aggressive Entry: $2.96 - $2.98 (near support)
Conservative Entry: Wait for a bullish confirmation above $3.00
Stop-Loss Placement:
Below recent low at $2.94 (safe SL placement to avoid excessive drawdowns).
Take-Profit Targets:
TP1 (Short-term target): $3.05 (near previous resistance).
TP2 (Extended target): $3.15 (Bollinger mid-band resistance).
TP3 (Optimistic target if momentum shifts bullish): $3.25 - $3.27
