#SUI Today's Pro Trading Plan for $SUI/USDT - April 28, 2025
• Entry Zone:
• $3.68–$3.72 (Focus on confirmed break above 24h high of $3.7253 or pullbacks toward $3.65 for risk-efficient entry).
• Stop Loss:
• $3.50 (Placed below the 24h low of $3.39 and MA(7) at $3.3255 to avoid volatility traps).
• Risk/Reward Ratio:
• 1:3+ (Scalable with trend strength; adjust trailing stops post Target 1).
• Profit Targets:
• Target 1: $3.85 (Immediate resistance above 24h high; partial exit).
• Target 2: $4.00 (Psychological barrier and next liquidity zone).
• Target 3: $4.20 (Extended bullish target; trail stops aggressively here).
• Strategy:
• Breakout & Momentum Play:
1. Breakout Entry: Enter long on a 15-minute close above $3.7253 with volume exceeding the 24h average ($270M USDT).
2. Pullback Entry: Accumulate near $3.65–$3.68 if price retests and holds above the 24h low ($3.39) or MA(7) ($3.3255).
• Use Binance orderbook depth (notably $3.7067) to gauge liquidity clusters. Trail stops to breakeven after Target 1.
• Market Sentiment:
• Bullish with Caution: Price trades above all key MAs (7/25/99), signaling uptrend dominance. High 24h USDT volume ($270M) and rising MA(5) volume suggest institutional interest, but Layer 1 tokens often face volatility during network updates.
• Invalidation Level / Caution Note:
• Invalidation: Close below $3.50 (erodes bullish structure and signals false breakout).
• Caution: Monitor volume closely—declining momentum on rallies may indicate profit-taking. Avoid over-leveraging; sudden retracements are common in low-liquidity zones.
Final Note: Trade aligns with bullish technicals but demands disciplined risk management. Adapt targets if volatility expands beyond $4.20.
Trade with Precision. Capitalize on Momentum.