The SUI coin is currently trading at $3.5583, down -3.16%, after hitting today's low at $3.4807, while the highest price in the last 24 hours was $3.7448.
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🔍 Technical Indicators:
🔹 RSI = 26.09 → In the oversold area, indicating a strong possibility of a nearby bullish rebound.
🔹 MACD = -0.0231 and DIF = -0.0113 → The trend is still bearish currently, but approaching a potential positive crossover.
🔹 Stochastic K = 32.65 / D = 37.35 → In the low areas, supporting the likelihood of a gradual recovery starting.
🔹 Trading volume = 1.65M → Good market activity with attempts to support at the lows.
🔹 Strong support level at $3.40, and the price has bounced from it before.
✅ Buy the coin quickly by clicking on the coin name $SUI
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📈 Recommendation:
🔹 Buy zone: between $3.45 – $3.53 could be an excellent opportunity for bulls.
🔹 First target (TP1): $3.75
🔹 Second target (TP2): $3.95
🔹 Stop Loss (SL): $3.39
✅ Buy the coin quickly by clicking on the coin name $SUI
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🔔 Note: Although the short-term trend is bearish, the RSI and Stoch reaching very low levels could be an early signal for a nearby reversal, especially if we see a breakout above $3.62.
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💬 Summary:
The SUI coin is undergoing a selling pressure phase, but technical indicators suggest an approaching technical recovery. A good opportunity for monitoring and smart income at reversal confirmation signals.
