[SUI/USDT 4H Trade Setup – May 4, 2025]

Market Bias: Short-term bearish, but key support holding.

Current Price: $3.2588

24H Range: $3.2268 – $3.4625

Volume Trend: Declining, awaiting breakout confirmation.

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Technical Outlook:

Support Zone: $3.22 – $3.26

Resistance: $3.37 (minor), $3.75 (major)

Indicators:

Parabolic SAR: Bearish (dots above price)

MACD: Bearish momentum fading

Candle Pattern: Long wick at support = potential bounce

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Trade Plan:

Entry: $3.25 (on bounce confirmation)

Stop Loss: $3.18 (below recent support)

Take Profit 1: $3.40

Take Profit 2: $3.75

Risk/Reward: 1:1.8 to 1:3 depending on TP level.

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Quick Note:

Watch for a MACD crossover or SAR flip as confirmation. Break below $3.18 invalidates setup.

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Your Thoughts?

Are you going long on SUI or waiting for a clearer reversal?

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