🚀 **$SUI Technical Analysis & Trade Idea** 🚀

📊 Current Price & Trend

- SUI is trading at $3.9589, down 0.11% 📉

- The price is fluctuating between **support and resistance levels**, indicating a **range-bound market**

### **🔴 Resistance Levels**

- **$4.1000** – Strong resistance where sellers have stepped in before 🚧

- **$4.2000** – Another resistance level that could limit upward movement

**🟢 Support Levels**

- **$3.9000** – A key support level where buyers have defended the price 🛡️

- **$3.8000** – A psychological support level that has seen previous price action

**📈 Trade Idea**

**🟩 Long Position:**

- **Entry:** Around **$3.9000**, where strong support exists

- **Target:** **$4.1000**, the next resistance level 🎯

- **Stop Loss:** Below **$3.8000** to minimize risk

**🟥 Short Position:**

- **Entry:** Around **$4.1000**, where strong resistance exists

- **Target:** **$3.9000**, the next support level 🎯

- **Stop Loss:** Above **$4.2000** to minimize risk

**📊 Market Insights**

- **Momentum:** SUI is showing signs of **recovery** after bouncing from support 🔄

- **Trend:** The price is **range-bound**, but a breakout could signal a new trend ⚡

- **RSI & MACD:** Indicators suggest **neutral momentum** , meaning SUI could consolidate before making a decisive move