📉 Current Price: ~$3.156 (↓2.7%)
SUI is oversold on multiple timeframes, suggesting a short-term rebound is likely unless price breaks below $3.13 support.
🔍 Multi-Timeframe Technical Summary
15m Chart
• Price around MA(7), below MA(25) and MA(99)
• RSI(6) = 47 → Neutral
• MACD = Slightly negative, flattening
→ Short-term consolidation, watch $3.17 resistance
1H Chart
• Price below MA(7) and MA(25)
• RSI(6) = 34.8 → Near oversold
• MACD = Negative but weak
→ Rebound possible if RSI climbs above 40
4H Chart
• RSI(6) = 29.4 → Clearly oversold
• MACD = -0.0066, close to neutral
→ High chance of upward reversal if price holds current level
1D Chart
• RSI(6) = 26.6 → Deep oversold
• MACD = Negative but convergence forming
→ Macro downtrend, but oversold pressure could trigger short-term bounce
📌 Trade Setups
✅ BUY Setup (Main Scenario – 60–70%)
• Entry: $3.1500–$3.1550
• TP: $3.1800 (1H MA7) → $3.2000 (15m MA25)
• SL: $3.1300
• Why?: RSI oversold across 4H and 1D; MACD shows easing downward momentum.
⚠️ SELL Setup (Alternative – 30%)
• Entry: Break below $3.1300
• TP: $3.1000
• SL: $3.1500
• Why?: Breakdown below key support with no volume recovery = further drop.
🔄 Sideway/Scalp Zone (10%)
• Range-bound: $3.1300–$3.1800 → Ideal for quick scalping if volume stays low.
⚠️ Key Notes
• RSI oversold = high reversal risk for shorts
• Lack of volume = risk of false breakouts
• Monitor BTC & market sentiment before committing
📌 Conclusion:
SUI is at a key support zone ($3.13–3.15). A bounce is more likely than continuation down. If volume increases with RSI recovery, expect price to retest $3.20 in the near term.
