$SUI Long Plan: Waiting for the Pullback, Not Chasing 🎯
#SUI🔥 is up over 100% from its August low (0.634 to about 1.297). I'm not buying the top. I'm waiting for a pullback and entering only after confirmation.
📊 Why this zone?
0.382 Fib retracement: about 1.04 Daily 20 EMA: about 1.04 to 1.05 Daily and weekly trend still bullish
🧭 The plan
Zone: 1.04 to 1.05 (alert only, no blind limit order) Trigger: a 1H candle sweeps into the zone and closes back above it Stop: just under the sweep low, about 1.02 Targets: 1.75 (sell half, stop to entry), 2.20, 2.85 Leverage: 3x isolated, risk: 2% of account
🛑 Invalidation
Daily close below 0.94 breaks the bigger structure If $SUI runs above 1.30 without a pullback, I skip it
⚠️ Risks
Only about 41% of supply is circulating, with ongoing unlocks Longs are crowded (about 68%), so a flush is possible If $BTC loses support, altcoins usually fall harder
The chart below shows the zone. I'll post an update here when (and only if) the setup triggers. 👇
#SUI #Crypto #TradingPlan #Altcoins
Not financial advice. Do your own research.
#SUI🔥 is up over 100% from its August low (0.634 to about 1.297). I'm not buying the top. I'm waiting for a pullback and entering only after confirmation.
📊 Why this zone?
0.382 Fib retracement: about 1.04 Daily 20 EMA: about 1.04 to 1.05 Daily and weekly trend still bullish
🧭 The plan
Zone: 1.04 to 1.05 (alert only, no blind limit order) Trigger: a 1H candle sweeps into the zone and closes back above it Stop: just under the sweep low, about 1.02 Targets: 1.75 (sell half, stop to entry), 2.20, 2.85 Leverage: 3x isolated, risk: 2% of account
🛑 Invalidation
Daily close below 0.94 breaks the bigger structure If $SUI runs above 1.30 without a pullback, I skip it
⚠️ Risks
Only about 41% of supply is circulating, with ongoing unlocks Longs are crowded (about 68%), so a flush is possible If $BTC loses support, altcoins usually fall harder
The chart below shows the zone. I'll post an update here when (and only if) the setup triggers. 👇
#SUI #Crypto #TradingPlan #Altcoins
Not financial advice. Do your own research.