🚨 $SUI I/USDT – Pullback or Perfect Setup? SUI Testing Key Support! ⚠️📉
$SUI is slightly red at $2.77, sliding just below short-term moving averages. Will it bounce from here—or is a deeper correction unfolding? Let’s get into the setup!
📊 Market Overview
📍 Current Price: $2.7778
📈 24h High: $2.8332
❄️ 24h Low: $2.7331
📊 Parabolic SAR: Above price – signaling trend pressure
📉 MACD Momentum:
• Bearish crossover in play
• Histogram declining – downside bias building
📈 RSI (6): 40.41 – Leaning bearish, nearing oversold territory
📈 SUI Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If SUI Holds Above $2.73):
• Entry: Above $2.81
• Targets: $2.91, $2.95, $3.05+
• Stop-Loss: $2.68
🔹 Bearish Scenario (If SUI Breaks Below $2.68):
• Entry: Below $2.68
• Targets: $2.53, $2.40, $2.29
• Stop-Loss: $2.82
🔍 Should You Long or Stay Cautious?
✅ Holding above MA(99) = long-term trend still intact
✅ Bounce near $2.73 could provide rebound opportunity
⚠️ RSI weak + MACD turning red = watch for breakdown confirmation
💡 Pro Tip:
📉 A break below $2.68 with rising volume = bearish trigger toward $2.40 zone
📈 If bulls reclaim $2.81, momentum could flip fast—set alerts accordingly!
📢 What’s your move on $SUI—catch the bounce or short the breakdown? Comment your thoughts!
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