📊 Technical Analysis: SUI/USDT – Rally or trap?
The SUI/USDT pair is trading at $3.15, up +3% for the day, after hitting a low of $2.84. The price shows signs of reversal but is still below the 7-period MAs ($3.20) and 25-period MAs ($3.58), indicating resistance ahead. The RSI(6) remains weak at 41, with no overbought conditions or clear reversal.
🔁 DCA Strategy (Dollar-Cost Averaging)
For those who believe in the project and want to reduce risk, this moment may be ideal for partial entries:
💸 Suggested ranges:
✅️$3.10
✅️$2.90
✅️$2.65
Objective: take advantage of corrections for medium/long term, with the expectation of returning to the $4.00+ range.
📈 Swing Trade Strategy
🟢 Long Entry (buy): $3.15
🎯 Target 1: $3.44 (SMA50 resistance)
🎯 Target 2: $3.75 (previous consolidation ceiling)
⛔️ Stop: $2.84
🔴 Short Entry (sell): $3.40 (if there is rejection from the EMA20)
🎯 Target: $2.86
⛔️ Stop: $3.60
📌 Summary:
Support at $2.84 showed strength
Increasing volume indicates possible resumption of interest
Critical decision will come around the moving averages
⚠️ Disclaimer:
This content is for educational purposes and does not constitute investment advice. Always do your own analysis.
