💥$SUI /USDT Bounce Potential After 5.89 Percent Drop!🔥
🌟Current Price: 3.4043 USDT (-5.89 Percent)
🌟24-Hour High: 3.6172 USDT (Resistance Zone)
🌟24-Hour Low: 3.2721 USDT (Key Support)
Trading Volume (24H)
🌟SUI: 76.46M
🌟USDT: 266.24M
#sui has retraced significantly but remains near a critical support zone. A volume spike shows active participation.
⚡Technical Indicators:
🔸Bollinger Bands: Likely tightening, indicating consolidation before a breakout.
🔸RSI: Approaching oversold levels, potential for rebound.
🔸MACD: Bearish divergence dominates, watch for a shift.
🔸Moving Averages
MA5: 6,459,780.4
MA10: 4,124,642.1
Indicates short-term bearish sentiment.
⚡Trading Setup:
🎖️Bullish Scenario
Type: Oversold Reversal
👉Entry Point: Above 3.4300 USDT (with volume confirmation)
👇Take-Profit Targets
🎯TP1 (1:1): 3.4600 USDT
🎯TP2 (1:2): 3.5000 USDT
💢Stop Loss: Below 3.3800 USDT
🎖️Bearish Scenario
Type: Continuation Trade
👉Entry Point: Below 3.3800 USDT (confirmed resistance rejection)
👇Take-Profit Targets
🎯TP1 (1:1): 3.3500 USDT
🎯TP2 (1:2): 3.3200 USDT
💢Stop Loss: Above 3.4300 USDT
⚡Risk Management Strategy:
Bullish: Adjust Stop Loss to Breakeven after hitting TP1 and take 50 Percent partial profits
Bearish: Move Stop Loss to Entry after reaching TP1
⚡Key Observations:
1. Volume confirmation is key—avoid entering without trend validation.
2. Watch 3.2721 USDT support—if broken, expect further downside.
3. Discipline and risk control are critical in this zone.
Buy Or Trade With Me On $SUI