$SUI #SUI🔥

Technical analysis SUI/USDT – 1H timeframe

1. MA data (Moving Average):

MA(7): 3.6856

MA(25): 3.7681

MA(99): 3.8126

2. Current price: 3.7584 USDT

3. RSI indicator:

RSI around 46–48 → neutral, showing slight recovery signals after being oversold.

4. MACD indicator:

MACD line crosses above the Signal line from below → Short-term bullish reversal signal.

5. Volume:

Spike near the bottom at 3.5842 → confirms strong buying power.

Trading strategy

A. Spot Buy:

Entry: 3.74 – 3.76

TP1: 3.85

TP2: 3.95

SL: 3.68

Reason: MACD reversal signal + support from MA(7) and MA(25), volume confirms short-term bottom.

B. Long Order (Future):

Entry: 3.74 – 3.76

TP1: 3.88

TP2: 4.00

SL: 3.68

RRR: ~1.5 – 2.0

Suggestion: maximum leverage of 5x. Expecting a breakout from the resistance area MA(99).

C. Short Order (If rejected at the resistance area):

Entry: 3.82 – 3.85 (when there is a strong reversal candle at MA(99))

TP1: 3.72

TP2: 3.60

SL: 3.88

- Reason: If MA(99) is not broken, the price will continue the old downtrend.

- Recommendation: Prioritize Long when RSI is not overbought and MACD is reversing. Be cautious with Short when the price does not break the MA(99) area.