A decent spot for a long is taking shape after $SUI . The coin has consolidated confidently around the trendline and is gradually turning toward the nearest resistance.
I’m planning to build a position in the 1.22–1.25 range. If I can get in closer to the lower end, that would be even better.
I see the first take-profit levels at 1.3 and 1.4. If the momentum continues, I’ll move my stop up and hold for 1.6, 1.8, and potentially 2.
I’m setting my stop-loss at 1.12. If the price falls below this level, the setup is invalidated, and it’s better to cut the loss right away than sit through a drawdown.
Manage your risk and don’t go all in.
$SUI