🚨 $SUI /USDT – Oversold Drop or Hidden Opportunity? 🔥
$SUI is down over 5% today, currently testing its middle Bollinger Band. Is this a healthy pullback or are bears taking control?
📊 Market Overview
📍 Current Price: $3.67
📈 24h High: $3.9140
❄️ 24h Low: $3.5293
📊 Bollinger Bands (20,2):
• Upper Band: $3.8302
• Middle Band: $3.6823
• Lower Band: $3.5345
📉 MACD Momentum:
• DIF: -0.0516
• DEA: -0.0591
• MACD: 0.0075 (Bearish momentum easing up slightly)
📈 SUI Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If SUI Holds Above $3.68):
• Entry: Above $3.70
• Targets: $3.83, $3.95, $4.10+
• Stop-Loss: $3.53
🔹 Bearish Scenario (If SUI Breaks Below $3.53):
• Entry: Below $3.53
• Targets: $3.40, $3.20, $3.00
• Stop-Loss: $3.70
🔍 Recovery or Breakdown Incoming?
❌ MACD still negative, but trying to reverse
✅ Price hovering around middle Bollinger Band – decision point ahead
⚠️ $3.53 is critical support—watch closely
💡 Pro Tip:
• If bulls can reclaim $3.70+ with volume, a bounce toward $3.95 is likely
• Failure to hold $3.53 = continuation of the downtrend
📢 Are you buying this dip or staying on the sidelines? Let’s hear your thoughts!