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$SUI /USDT – Oversold Flush or Prepping for a Reversal? 🔻⚡
$SUI has dipped -3.96%, now at $2.61, scraping support levels with RSI hitting extreme oversold. With a deep retrace from $2.78, is a rebound in sight?
📊 Market Overview
📍 Current Price: $2.6198
📈 24h High: $2.7807
❄️ 24h Low: $2.6131
📊 Parabolic SAR: ~$2.5858 (below price — downtrend confirmed)
📉 MACD Momentum:
DIF & DEA: Bearish
MACD Histogram: Deep red – Sellers in control
📉 RSI (6): 11.57 (Extreme oversold – possible bounce brewing)
📈 Moving Averages (Trend Watch):
MA(7): 2.6751
MA(25): 2.7130
MA(99): 2.7929
📈 SUI Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If SUI Holds Above $2.60):
Entry: Above $2.63
Targets: $2.78, $2.94, $3.07
Stop-Loss: $2.55
🔹 Bearish Scenario (If SUI Breaks Below $2.55):
Entry: Below $2.55
Targets: $2.46, $2.31, $2.18
Stop-Loss: $2.66
🔍 Should You Hold or Exit?
✅ RSI near 11 = Strong chance of short-term bounce
✅ High sell volume could indicate final shakeout
⚠️ Price under all major MAs = still a bearish trend
💡 Pro Tip:
Look for a volume spike with a hammer candle near $2.60 to confirm a reversal. If support cracks, expect a flush below $2.50.
📢 Traders—are you buying this dip or waiting for a signal? Drop your thoughts 👇
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