$BNB SUI/USDT Technical Analysis Report
Overview:
Current Price: $4.4626 (-3.30%)
24H High: $4.7055
24H Low: $4.4509
Volume (SUI): 34.67M
Volume (USDT): 158.89M
The chart shows a downtrend in the short term, with price moving towards a key support zone near $4.45. This setup provides both long and short trading opportunities based on potential reversal or continuation patterns.
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Trade Recommendations
1️⃣ Long Trade Setup:
Entry Zone: $4.45 - $4.48
Targets:
🎯 Target 1: $4.55 (Short-term)
🎯 Target 2: $4.65 (Mid-term)
🎯 Target 3: $4.70 (Long-term)
Stop Loss: $4.35
💡 Rationale: The price is approaching a strong support zone near $4.45, which may act as a rebound level. Look for signs of buyers stepping in before entering.
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2️⃣ Short Trade Setup:
Entry Zone: $4.55 - $4.60
Targets:
🎯 Target 1: $4.50 (Short-term)
🎯 Target 2: $4.45 (Mid-term)
🎯 Target 3: $4.30 (Long-term)
Stop Loss: $4.70
💡 Rationale: If the price retraces
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