#SUI🔥 SUI Daily Analysis

Key Levels

• Support: 3.42 (24h iron bottom), 3.50 psychological level. If broken, look towards EMA21 (2.89).

• Resistance: Previous high 3.63. Once broken, may challenge the 3.70 - 3.80 selling pressure zone.

Bullish and Bearish Signals

• Bullish: Price stabilizes above 3.57, and RSI is in overbought territory but has not turned down. If there is a volume breakout above 3.63, consider chasing the rise.

• Bearish: If there is a decrease in volume, and the price deviates too much from EMA, and a sharp pull fails to break 3.63, consider a short position.

Strategy

Use 3.63 as the dividing line for bullish and bearish: break above for chasing the rise; if it drops below 3.50, stop loss in time.

Points of Interest: Like #SUI🔥