$SUI 🔍 Technical Analysis SUI/USDT (1H)

• 💰 Current price: $3.7622

• 🔻 Daily correction quite deep: -6.37%

• 💥 Strong support at $3.65 successfully held the decline

• 🟡 Bollinger Band: price starting to bounce from lower band (oversold)

• 📉 RSI(6) = 39, RSI(12) = 36 → approaching oversold, but not yet a full reversal

• 📊 MACD still negative but histogram starting to shrink (potential convergence)

• 🟢 Stochastic starting to rise (K > D = potential golden cross in the next 1–2 candles)

✅ Potential Short Entry Signal

• Entry can be attempted if the next 1-hour candle remains green and volume increases

• Ideal entry: $3.74 – $3.76

• Short TP: $3.90 – $4.00

• SL: break below $3.65