$SUI

$SUI Trade Plan for SUI/USDT 📈

Current Price: $3.61
24h Change: +4.47%
Market Cap: $11.68B
24h Volume: $3.44B

✅ Entry Zone:

Buy within $3.55 – $3.60, assuming this range is a slight pullback from the current price after the 4.47% gain, potentially near a support level.

⛔ Stop Loss:

Set at $3.48 (below the entry zone, roughly 2% below the lower entry point to account for SUI’s volatility).

🎯 Profit Targets:

Target 1: $3.70 📍 (Move stop to breakeven)

Target 2: $3.80 🎯

Target 3: $3.95 🚀

📊 Risk/Reward Ratio:

3:1+ ⚖

Risk: $3.60 - $3.48 = $0.12

Reward (Target 2): $3.80 - $3.60 = $0.20 (R:R of ~1.7:1 at Target 2; higher if Target 3 is hit).

### Key Observations:

Bullish Short-Term Momentum: Price up +4.47% in 24h, indicating strong buying pressure and potential continuation of the uptrend.

Volume: $3.44B in 24h suggests high liquidity, supporting smoother entries/exits, comparable to major coins like SOL in the previous screenshot ($4.35B).

Market Cap: $11.68B indicates SUI is a mid-tier coin, with higher volatility than larger caps but growing adoption in the DeFi space.

Price Context: $3.61 is a strong level for SUI (recent web data shows SUI around $3.47–$3.49 on April 25, so this price reflects continued upward momentum). A break above $3.70 could signal further gains.

🔄 Strategy:

Trail stop above the entry price after Target 1 is hit to lock in profits.

Watch for rejection at psychological resistance around $3.80–$4.00.

If momentum weakens (e.g., price fails to break $3.70), consider an early exit at a 2:1 R:R.