#TradeLessons 🚀 $SUI Technical Alert: 🚨🚨🚨
Ready to BLAST PAST $3.38? 🔥 May 7, 2025📈 Price Action Heating Up!
💰 Current Price: $3.3923 USDT (+1.66%)
✅ Sitting above MA7 ($3.3848), MA25 ($3.3552), and MA99 ($3.2898) — bullish momentum is in play!
📊 Volume: Strong buying interest fueling this bounce from $3.12.
⚖️ RSI: Neutral to slightly overbought (RSI6: 54.57, RSI12: 58.23) — watch for overextension!
📉 MACD: -0.0073, hinting at cautious optimism.🔑 Key Levels to Watch
🔼 Resistance: $3.4467 (recent high), $3.5130, $3.6000 (big psychological barrier)
🔽 Support: $3.3848 (MA7), $3.3552 (MA25), $3.3100 (consolidation zone)💥 Trade Ideas
🐂 Bullish Setup: Ride the momentum!
☑️ Entry: Above $3.4000 (if it holds MA7 with volume)
🎯 Targets: TP1: $3.4467 | TP2: $3.5130
🛑 Stop Loss: Below $3.3552
⚠️ Confirm: Bullish candle close > $3.40, MACD narrowing, RSI6 > 50 (not > 70).🐻 Bearish Setup: Rejection at resistance?
☑️ Entry: Below $3.3848 (if MA7 breaks with volume spike)
🎯 Targets: TP1: $3.3552 | TP2: $3.3100
🛑 Stop Loss: Above $3.4467
⚠️ Confirm: Bearish candle, RSI6 < 50, volume surge.🔥 Why $SUI?
$SUI is surging after a solid bounce from $3.12, now flexing above key MAs. But with RSI nearing overbought, will it smash $3.4467 or pull back? Stay sharp, traders! 🚀📢 Join the action! Share your $SUI trades below!
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