Day 0–5: $SUI rises quickly to ~$4.15–$4.20 due to initial hype and buying pressure.
Day 6–10: Slight correction as early profit-taking begins.
Day 10–30: Gradual, steady increase toward $3.90+, suggesting growing institutional confidence or ETF approval news.
Key Note:
The $5.00 resistance level is marked as a critical price point where momentum may face hesitation unless ETF approval is confirmed or broader market sentiment is very bullish.
Good volatility = ideal for scalping or swing trades
✅ My Strategy: Scalping Pullbacks in a Downtrend 1. Entry Plan (Short Bias) Wait for price to retrace to $2.65–$2.70 zone (prior support → new resistance)
Enter short if there’s a bearish 15min or 1hr candle rejection (e.g. wick + close below $2.65)
2. Targets TP1: $2.52
TP2: $2.45
TP3 (full move): $2.35–$2.30 if momentum continues
3. Stop Loss $2.73 (above recent high)
Risk only 1–2% of your account
📊 Optional: Hedge Long If It Breaks $2.73 If SUI flips $2.73 with strong volume and 1hr close above → consider a long toward $2.82–$2.90
📌 Extras Use 20 EMA and 50 EMA on 15m + 1hr for trend confirmation
RSI > 70 = look for short entries, RSI < 30 = scale out
Good volatility = ideal for scalping or swing trades
✅ My Strategy: Scalping Pullbacks in a Downtrend 1. Entry Plan (Short Bias) Wait for price to retrace to $2.65–$2.70 zone (prior support → new resistance)
Enter short if there’s a bearish 15min or 1hr candle rejection (e.g. wick + close below $2.65)
2. Targets TP1: $2.52
TP2: $2.45
TP3 (full move): $2.35–$2.30 if momentum continues
3. Stop Loss $2.73 (above recent high)
Risk only 1–2% of your account
📊 Optional: Hedge Long If It Breaks $2.73 If SUI flips $2.73 with strong volume and 1hr close above → consider a long toward $2.82–$2.90
📌 Extras Use 20 EMA and 50 EMA on 15m + 1hr for trend confirmation
RSI > 70 = look for short entries, RSI < 30 = scale out
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