$SUI 💪 💪 BULLISH MOMENTUM 🔥
Technical & Chart Overview
Dip Zone: $2.70–$2.80 — recent support confluence after failed rally near $2.82 .
Resistance to Watch: $3.00 first, then $3.10–$3.20 (previous structure/mid-term overhead) .
Indicators Snapshot:
TradingView Gauge: Neutral oscillators and sell ratings/recommendations on shorter frames, though longer-term neutral .
MACD & RSI: RSI ~50, MACD flattening—indicative of bearish exhaustion but could setup reversal.
Pattern: Daily descending parallel channel nearing bottom; bullish divergence on RSI suggests a reversal soon .
---
🎯 Short-Term Strategy: Buy the Dip
**📍 Entry Zone:** $2.70–$2.80 — ideal accumulation area
**🛑 Stop-Loss:** Below $2.65 — break means re-evaluate
🎯 Targets:
1. TP1: $3.00 (round-number pivot)
2. TP2: $3.10–$3.20 (channel ceiling / swing resistance)
3. TP3: $3.50+ if volume favours a breakout above $3.20
Smart Money Tactic: Layer in positions within the dip zone. Add on bounce confirmed by 1h/4h candle reclaiming $2.85–$2.90 with volume >$70M. Trail stop beneath new higher lows.
✅ Bottom Line
▶️ Buy the Dip: $2.70–$2.80
🚨 Stop-Loss: < $2.65
🎯 Profit Zones: $3.00 → $3.10–$3.20 → $3.50+
Smart money builds at structural support zones. Watch for volume-backed reversal signals to capitalize on the next leg up.
---
🛑 Disclaimer
This is educational content, not financial advice. Crypto assets like SUI are volatile and speculative. Always do your own research (DYOR), use stop-losses, and never risk more than you can afford to lose.