📊 Technical Analysis — SUI/USDT
Current price: $3.0662 (+2.36%)
Current trend: Bearish / in correction
🧭 Indicators:
EMA(7): $3.2061
EMA(25): $3.3414
EMA(99): $3.2288
📉 The short and medium-term EMAs remain below the long-term one, reinforcing the downward bias. The price is below all three averages, with no clear reversal signal yet.
RSI (6): 33.35
🟡 Lightly oversold region, signaling a possible buyer entry soon, but still without confirmation.
MACD: -0.0173 with histogram and signal lines still negative
🟣 No reversal crossover at the moment.
Stoch RSI: 44.90
🟡 Neutral to slightly oversold, but still without a trigger.
🎯 Trading Strategies
✅️ DCA (Dollar-Cost Averaging)
With the RSI below 35 and the price below the EMA99, SUI may be entering an interesting zone for gradual accumulation.
✅️ Strategy:
💸 Buy small amounts at each -5% of the current price
💸 Strengthen position between $2.80 and $2.60
💸 Thinking in the medium term (3-6 months), aiming for a retest of the $3.70–$4.00 zone
🟢 Swing Trade – Long (trend reversal)
Entry in long only makes sense above the EMA(7) with increasing volume and RSI breaking above 50.
🎯 Target: $3.35 (EMA25) and then $3.70
🛑 Stop: -5% from the entry point
⚠️ Still no buy signal — wait for confirmation candle above EMA7.
🔴 Swing Trade – Short (continuation of the decline)
If support at $2.84 is lost, one can open a short position down to the $2.60–$2.50 zone
🎯 Entry below $2.83 with volume
🛑 Stop: $2.97 (5%)
🔻 Strong support lost opens space for the continuation of the downtrend
📉 The scenario favors another DCA strategy with patience, or a technical short if the bottom breaks.
For long swing, we still need confirmation of a real reversal, which the indicators do not provide right now.
#SUI #SwingTrade #CryptoAnalysis #Write2Earn #DCAstrategy
Disclaimer:
This is not an investment recommendation.
