· Entry Zone: $16.00 - $16.10 (near the MA7 resistance). · Stop Loss: $16.40 (above the MA25 resistance for a safety buffer). · Take Profit Targets: · TP1: $15.50 (initial support). · TP2: $15.00 (strong support at the MA99 level).
Risk Management:
· This is a high-risk, speculative trade due to low liquidity. · Always use a stop-loss. · Keep position size small (risk no more than 1-2% of your capital).
Confirmation Needed:
· Look for the price to be rejected from the $16.00-$16.10 zone. · Ensure the RSI remains below 50.
SUI is a fast Layer-1 blockchain focused on scalability and low transaction fees. Its Move programming language improves smart contract security and performance.
With growing DeFi, NFT, and gaming adoption, SUI has strong long-term potential. Short-term price may remain volatile.
Risk management is important. This is not financial advice. $ sui usdt