🚀 $SUI Technical Analysis June 28, 2025: PRICE STANDS AT $2.7267 WITH BULLISH MOMENTUM 📈

📊 Market Insight
• Current Price: 2.7267 USDT
• Moving Averages (MAs) indicate a bullish trend.
• Volume has surged, reflecting strong market activity and potential buying pressure.
• MACD shows a bullish trend.
• RSI values are in the neutral to slightly overbought range.

📊 Important Levels to Watch
🔼 Resistance Levels:
2.7958
2.8400
2.9000
🔽 Support Levels:
2.7056
2.6273
2.5501

💡 TRADE PLANS:
🐂 Bullish Trade Setup: Breakout above $2.7958
☑️ Entry Point: $2.7980 (enter if price breaks above 2.7958 with bullish momentum confirmation)
🎯 Price Target:
TP1: $2.8400
TP2: $2.9000
🛑 Stop Loss: $2.7850 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above 2.7958, an increase in volume, RSI(6) rising above 65, and MACD showing a bullish crossover with DIF rising further above DEA.

🐻 Bearish Trade Setup: Pullback below $2.7056
☑️ Entry Point: $2.7030 (enter if price drops below 2.7056 with bearish momentum confirmation)
🎯 Price Target:
TP1: $2.6273
TP2: $2.5501
🛑 Stop Loss (SL): $2.7150 (above the current support)
⚠️ Confirmation: Watch for a strong bearish candle close below 2.7056, a decline in volume, RSI(6) dropping below 55, and the MACD showing a bearish trend with DIF falling below DEA.

📌 Suggestion to Open Positions Today:
The significant volume increase supports a potential move toward $2.7958 or higher, though the neutral RSI indicates a need for caution to avoid overextension. A breakout above $2.7958 could drive the price toward $2.8400, while a drop below $2.7056 might signal a correction. Given the strong volume and bullish indicators, a cautious bullish approach is favored, but tight stop losses are recommended to manage the risk of a reversal. Wait for confirmation signals before entering trades.

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