SUI Long-term Strategy Sharing (7.2)
Currently, many altcoins have formed a head-and-shoulders bottom pattern, with a pullback to the right shoulder structure. However, considering that BTC is currently at a high level and may pull back at any moment, I will temporarily share only one target with a relatively complete structural pattern and stable conditions: SUI.
The head-and-shoulders bottom pattern of SUI is quite solid, and there have been clear signs of bottoming in recent small-scale movements. Without further ado, let's get straight to the points.
4H Level Long Position Strategy:
Entry Range: Can consider gradually positioning at any current level.
Stop Loss: 2.49
Medium to Long-term Target: 3.5
Short-term Take Profit: Can consider taking profits in batches at 2.95 / 3.05. The reason for short-term reduction is that Bitcoin has just broken below 108800, and the overall market is relatively weak. It is essential to be cautious when going long on altcoins; taking profits when possible is key to preserving gains.
Remember to give a thumbs up! This way, when the market changes, the system will notify me to remind you!
All strategies are fully disclosed, available on the homepage, and welcome supervision.
The above is for reference only and not investment advice. Please control your positions, and let’s enjoy the profits together!