📊 SUI/USDT — 4H SETUP
SUI is around $1.23, up roughly 3.5% today.
The key level I'm watching is $1.24.
Here's how I'd trade this setup:
🔹 Above $1.24: I want a 4H candle close above resistance.
🔹 Retest: If price comes back to $1.24 and holds it as support, the breakout becomes more interesting.
🎯 Upside zones: $1.28 → $1.31
🔴 Invalidation: If SUI loses ~$1.21 and can't reclaim it, I'd step back. ~$1.19 becomes the next area I'd watch.
The biggest mistake here is chasing a green candle.
I'd rather miss a trade than enter without confirmation.
Breakout → Retest → Confirmation → Manage risk.
That's the process.
Don't risk money just because a chart looks bullish. Decide your maximum loss before entering.
What are you watching?
$1.24 breakout or rejection?
$SUI
#SUI #TradingStrategy #RiskManagement
SUI is around $1.23, up roughly 3.5% today.
The key level I'm watching is $1.24.
Here's how I'd trade this setup:
🔹 Above $1.24: I want a 4H candle close above resistance.
🔹 Retest: If price comes back to $1.24 and holds it as support, the breakout becomes more interesting.
🎯 Upside zones: $1.28 → $1.31
🔴 Invalidation: If SUI loses ~$1.21 and can't reclaim it, I'd step back. ~$1.19 becomes the next area I'd watch.
The biggest mistake here is chasing a green candle.
I'd rather miss a trade than enter without confirmation.
Breakout → Retest → Confirmation → Manage risk.
That's the process.
Don't risk money just because a chart looks bullish. Decide your maximum loss before entering.
What are you watching?
$1.24 breakout or rejection?
$SUI
#SUI #TradingStrategy #RiskManagement