🚨 TECHNICAL ANALYSIS OF $SUI 🚨

📍Current Price: $2.0928

🔺24h High: $2.1356

🔻24h Low: $2.0212

⭕Trend & Momentum⭕

🔘Price is breaking out of a consolidation range.

🔘Just cleared the MA(99) at $2.0802, a key trend resistance.

🔘All short-term MAs (MA1, MA7, MA20) are aligned bullish.

🔘RSI(6) is 82.32 — indicating overbought momentum, but also strong buyer strength.

⭐Key Levels⭐

🟢Support:

$2.0800 – previous resistance, now acting as support

$2.0650 – near MA(20), backup support

🔴Resistance:

$2.1100 – minor intraday resistance

$2.1356 – 24h high (major resistance)

$2.2500 – psychological resistance if breakout sustains

🌟🌟🌟Trading Strategy🌟🌟🌟

⭕Pullback Entry (Conservative)

Entry: $2.075–2.080

Stop Loss: $2.060

🔴Take Profit:

🔘TP1: $2.11

🔘TP2: $2.135

🔘TP3 (extended): $2.20

Why: RSI cooling after breakout will give a safer entry with upside intact.

🔴Breakout Entry (Aggressive)

Entry: Above $2.110 (confirmed breakout candle)

Stop Loss: $2.085

⭕Take Profit:

🔘TP1: $2.135

🔘TP2: $2.17

🔘TP3: $2.25

Why: Ride momentum into fresh highs if volume confirms.

⭕Risk Management Tip:

Use 2%–3% capital risk per trade and adjust position size accordingly. RSI >80 means momentum is strong, but retracements can be sharp.

⚡Take your trades from 👇and help me grow..