Altcoin Opportunities
SUI price prediction & short-term trading strategy
We initially targeted the $0.75 level, and it's moved well since. Now, I'm adjusting the buy box to $1.13, which aligns with a key Fib level (61.8% to 70.5%) and psychological support at $1. It's showing strong momentum, and while I don't see this as a long-term hold, there is a clear opportunity for a short-term leverage play.
Market context
SUI has been on my radar for some time, dominating the mindshare in the past week, accounting for a solid 1.2% of the market. For an altcoin, this is significant and worth noting for a short-term momentum play.
Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.
Playbook
- Buy box: The new buy box sits around $1.13.
- Entry strategy: Small allocation with leverage (2x or 3x) for those looking to capitalize on this short-term momentum.
- Target: An 80-90% potential move to the upside.
Risk management
Leverage is optional here, but keep it small. You don't want to expose too much capital to a short-term trade like this.Recommended from Cryptonary
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