$SUI
Day's Chart (I am really concerned of market going much lower, therefore handle cautiously)
Strategy: Buy on support hold / Oversold bounce (wait for confirmation above $1.45 for strength).
Buy Zones: $1.42 - $1.44 (current levels/near strong support; enter if holds above $1.40).
Alternative Buy: On breakout above $1.48 (confirms short-term upside).
Take Profit Zones (scale out):
TP1: $1.48 (+3-4% from entry) — partial sell, near-term resistance.
TP2: $1.52 (+6-8%).
TP3: $1.55-$1.60 (+8-12%) — if momentum builds (higher resistance).
Stop Loss: $1.38 (below recent lows/support; ~4% risk from $1.44 entry).
Risk/Reward: ~1:2.5+ (risk 4% for potential 10%+ gain).
Timeframe: Short-term (hours to days); monitor volume and broader crypto sentiment.
Why this call?
Strong support cluster around $1.40-$1.42 has held recently (Fib levels, pivot points).
Oversold conditions (low RSI) often lead to rebounds in altcoins like SUI.
Risk of further drop to $1.30-1.36 if support breaks—keep SL strict.
