1. Price Action & Structure
SUI has ranged between $3.78 and $3.93 in the past 24 hours. It's holding firm after rebounding from the $3.58 support zone, and is showing attempts to reclaim its short-term moving average trend.
Key Pivot Zone: $3.87 โ consolidation ceiling and decision level.
๐น๏ธ Range tightening โ breakout or breakdown ahead.
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2. RSI(6) at 55.57 โ Neutral to Bullish
The RSI is slightly bullish, hovering above 50. It's not overbought, indicating that there's room to move higher.
This level often precedes trend continuation or breakout trials.
โ ๏ธ Watch RSI >60 for bullish confirmation.
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3. MACD Turning Positive
MACD is beginning to show positive divergence:
MACD line = 0.0129, above the signal line
Histogram is trending green
This is an early bullish sign if momentum sustains.
๐ Bulls warming up.
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4. Volume Support Low, but Stable
Volume is light but holding โ not much participation yet, but no signs of a selloff.
This could mean accumulation is underway, especially with the sideways action.
๐ Accumulation > Distribution.
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5. MA(5) < MA(10), but Converging
Short-term momentum is flipping slowly. A bullish crossover is likely if this range resolves to the upside.
Momentum traders should watch this closely for confirmation.
๐ Near inflection point.
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6. KDJ Momentum Building
K: 75.07
D: 66.62
J: 91.98
Momentum is pushing upward โ the J-line is extended, suggesting a short-term upward impulse, though potential for a brief cooldown exists.
โก Short burst possible, watch volume.
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Buy Zones (Entry Levels):
$3.78 โ $3.85 โ Strong local support, tight stop
Sell Targets (TP Levels):
TP1: $3.95 โ $4.00 โ Near-term resistance
TP2: $4.29 โ Recent local high
TP3: $4.35+ โ Bullish breakout extension
Stop-Loss Suggestions:
SL: $3.55 โ Below recent consolidation low
Tighter SL (intraday): $3.75 โ If scalping the range
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Summary:
SUI is consolidating in a tight channel โ RSI and MACD hint at potential bullish continuation, but volume needs to step in. If it holds above $3.80, the next move could be an attempt at $4.00+, with $4.29 as a stretch target.
High-reward trade if breakout confirms. Stay alert.
Trade the reaction, not the prediction. #SUI๐ฅ #BinancePizza
