Swing Trading Plan: $SUI /USDT

Scenario A: Bearish Continuation (Primary Bias)

· Setup: Short on a rally into the resistance zone.

· Trigger/Entry: Price rallies to $1.80 - $1.85 (first significant resistance) on the 4H or 1D chart, showing rejection (e.g., bearish pin bar, failure to close above).

· Stop Loss: Place above $1.90 (above the recent higher resistance and order book sell wall).

· Take Profit Targets:

· TP1: $1.60

· TP2: $1.50

· TP3: $1.30

· Position Size: Risk ≤ 2% of capital per trade.

· Confirmation: Look for increasing volume on the rejection candle and bearish alignment in MACD/RSI on lower timeframes (4H)

SUI
SUIUSDT
1.6427
-3.91%

Bullish Reversal (Counter-Trend Setup)

· Setup: Long on a confirmed breakout above key resistance.

· Trigger/Entry: Daily close above $1.86** with above-average volume. Enter on a retest to **$1.80-$1.85 as support.

· Stop Loss: Place below $1.50 (below the recent swing low).

· Take Profit Targets:

· TP1: $2.16 (first major resistance)

· TP2: $2.48 (order book resistance)

· TP3: $2.79 (long-term swing high if momentum strong)

· Position Size: Risk ≤ 1.5% of capital (counter-trend trades carry higher risk).

· Confirmation: Wait for RSI > 50 on daily and MACD crossing bullish. Do not enter without volume confirmation.#BTCVSGOLD #BinanceBlockchainWeek