Signal Trading Summary:
- Tether Gold (XAUT)
- Entry [Sell/Short] : $4.690 – $4.700
- Stop Loss [SL] : $4.910
- Take Profit [TP] :
- TP1: $4.444
- TP2: $4.280
- Bitcoin (BTC)
- Entry [Sell/Short] : $68.000 – $69.000
- Stop Loss [SL] : $70.700
- Take Profit [TP] :
- TP1: $53.400
- Sui (SUI)
- Entry [Sell/Short] : $1,02 – $1,032
- Stop Loss [SL] : $1,19
- Take Profit [TP] :
- TP1: $0,7869
- TP2: $0,5597
1. Tether Gold (XAUT) – Category: Tokenized Asset
Gold showed significant weakness, with the breakdown of the important $4755 level, plus the rejection of the 21 EMA on the 4-hour timeframe.
It is expected that gold will try to test its important level at $4444 area or in case of further bearish movement, it could drop further to $4280.
XAUT Potential Sell/Short Setup:
Entry [Sell/Short]: $4.690 – $4.700
Stop Loss [SL]: $4.910
Take Profit [TP]:
- TP1: $4,444
- TP2: $4,280
2. Bitcoin (BTC) – Category: Layer-1
Bitcoin finally broke the $69,000 level which was the highest price level in the last 2021 cycle. This level acts as support. Once this level is broken, it will act as resistance.
We can look for short positions if Bitcoin tests this $69,000 level again with a downside target of $53,400.
BTC Sell/Short Potential Setup:
Entry [Sell/Short]: $68.000 – $69.000
Stop Loss [SL]: $70.700
Take Profit [TP]:
- TP1: $53,400
3. Sui (SUI) – Category: Layer-1
SUI finally broke the $1,032 level which is a key support level. Once this level is broken, it will act as resistance.
We can look for short positions if SUI tests this $1.032 level again with downside targets to $0.5597.
SUI Potential Sell/Short Setup:
Entry [Sell/Short]: $1,02 – $1,032
Stop Loss [SL]: $1,19
Take Profit [TP]:
- TP1: $0.7869
- TP2: $0.5597
Important Notes:
Always apply risk management and capital management with discipline. For trading, especially those using leverage, we recommend using a risk per transaction of: 1% of total capital.
*Disclaimer: Pintu Futures activities (trading futures contracts on crypto assets) are carried out by PT Porto Komoditi Berjangka, a Futures Brokerage company licensed and supervised by Bappebti and is a member of CFX and KKI. Trading futures contracts on crypto assets has high risks, one of which is the risk that Leverage can provide greater profits or losses.