๐ $SUI /USDT Technical Analysis and Best Trading Strategy Plan ๐งโ๐ซ ๐ ๐
Current Price: $2.799
Trend: Short-term bullish momentum | Medium-term still cautious
๐ Daily Chart Overview (1D)๐
$SUI Price trying to recover, but facing resistance near $2.87
20 EMA (at $3.02) acting as key resistance
RSI at 44.61, slowly improving but still below 50
๐ Bulls need a breakout above $3.02 for stronger trend reversal.
๐ Hourly Chart Overview (1H)๐
Short-term trend looks bullish with support at $2.75โ2.77
RSI is 60+, showing active buying interest
$SUI Price holding above 20 EMA at $2.7682
๐ Observation: Dips toward $2.76โ2.77 are being bought up.
โ Trade Idea (Bullish Bias)๐ฅ
Buy Zone: $2.75 โ $2.78
Targets: ๐ฏ
TP1: $2.87
TP2: $3.02
Stop Loss: Below $2.71
Timeframe: 1โ3 days
โ ๏ธ Key Levels to Watch๐
Resistance: $2.87, $3.02
Support: $2.75, $2.71
Note: If price breaks and closes above $3.02 on daily, trend may shift to bullish.
๐ง Stick to stop-loss. Protect capital. Wait for confirmation near resistance.