Intraday Trading Signal
Trade Type: Long (Buy)
Entry Points:
Aggressive Entry: $3.38 (current price)
Conservative Entry: $3.35 (pullback entry)
Stop-Loss:
Below the nearest support: $3.28
Take-Profit Targets:
First Target (TP1): $3.45
Second Target (TP2): $3.50
Risk-Reward Ratio:
Entry at $3.38, Stop-loss at $3.28 (Risk = $0.10)
TP1 at $3.45 (Reward = $0.07, R/R = 0.7:1)
TP2 at $3.50 (Reward = $0.12, R/R = 1.2:1)
Additional Notes:
If the price breaks above $3.42 with strong volume, consider trailing stop-loss to protect profits.
If RSI approaches 70-75, watch for reversal signs before closing the trade.
If price drops below $3.28, cut losses and wait for a re-entry at lower levels.$SUI