Here is a quick analysis and trade plan for SUI based on the current price of $2.98:
🔍 $SUI Price: $2.98 – Trade Analysis💹🚀
🔵 Long Trade Setup
🔑Entry: $2.98 (current price)
🎯Target 1: $3.10
🎯Target 2: $3.25
Stop Loss: $2.90
Reason to Long:
Bullish momentum if it holds above $2.95
Strong buying near $2.90 support zone
🔴 Short Trade Setup
🔑Entry: $2.98 (if rejection seen near resistance)
🎯Target 1: $2.85
🎯Target 2: $2.70
Stop Loss: $3.05
Reason to Short:
If price fails to break $3.00 resistance
Weak volume on upward move
