๐ฏ Updated Scalping Strategy for SUI/USDT (Spot)
1. ๐ Entry Setup
Buy zone: $3.22โ$3.24
This aligns with intraday support dips.
Confirm entry with signs of bounce (e.g., small green candle or rising volume).
---
2. ๐ Stop-Loss
Place your SL around $3.18 (just below the dip zone).
Limits downside and maintains a tight risk buffer (~1โ2%).
---
3. ๐ฏ Take-Profit Targets
TP1: $3.30 โ a quick +2โ2.5% scalp.
TP2: $3.35โ$3.37 โ a +4โ5% move if momentum firmer.
---
4. ๐ Position Planning
Capital: $25
Entry: $3.23
Qty: ~7.7 SUI tokens
Risk: $0.05 ร 7.7 โ $0.38 (<2%)
Reward:
TP1: $0.07 ร 7.7 โ $0.54
TP2: $0.12 ร 7.7 โ $0.92
Reward/Risk Ratio: ~1.4:1 at TP1, ~2.4:1 at TP2.
---
5. ๐ Trade Management
Entry Trigger: Green candle + volume around $3.22.
At TP1: Sell ~50%, shift SL to break-even for remaining.
At TP2: Close the rest or trail SL 1โ2 cents below current price.
---
โ ๏ธ Key Conditions
Avoid if price dips below $3.18 with strong red candles.
Exit early if bounce shows weak volume.
Stay alert to Bitcoin/crypto market directionโa sharp decline could drag altcoins down.
---
โ Summary Table
Item Value
Entry Zone $3.22โ$3.24
Stop-Loss $3.18
TP1 $3.30 (+2%)
TP2 $3.35โ$3.37 (+4โ5%)
Qty ~7.7 SUI
Risk ~$0.38 (~1.5%)
Reward Potential ~$0.54โ$0.92
---
๐ Next Steps
1. Set alerts at $3.24 (entry), $3.30 (TP1), $3.35 (TP2).
2. Prepare a limit buy around $3.23 with SL at $3.18.
3. Monitor 1โ to 5โminute charts for bounce confirmation.
