#SUI🔥 Intraday Analysis

Current Price: $3.44 (+5.92%)

Technical Indicator Interpretation:

• Short-term RSI (6): 93.3, in overbought territory

• MACD: Bullish momentum continues, but be wary of technical pullback risks

Key Level Analysis

• Support Level: 3.20 - 3.30 (psychological level and dense trading area overlap)

• Resistance Level: 3.50 - 3.60 (momentum zone after breaking previous highs)

Perspective

• If the intraday price stabilizes above 3.30, the bullish trend continues, breaking 3.50 may lead to accelerated upward momentum

• If a significant drop below 3.20 occurs, there is a high probability of a short-term pullback to EMA200 (2.76)

• Overall, a bullish dominant pattern is present, but the demand for correction after overbought conditions is gradually emerging; it is recommended to avoid blindly chasing highs

Trading Strategy

• Aggressive Strategy: Attempt to go long with light positions near 3.30, set a stop-loss at 3.15

• Conservative Strategy: Wait for the price to effectively stabilize above 3.50 before adding positions, target price 3.80

Friendly Reminder: When the trend remains unchanged, a pullback may be an entry opportunity, but risk control is always the top priority!

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