📊 SUI (Sui Network) Signal — Current Price ~ $1.40

🔎 Market Context

SUI has seen volatile price action with historical support and resistance levels shifting as the market reacts to broader crypto movements and ecosystem developments. Technical indicators show mixed signals with potential oversold conditions suggesting short-term bounces but overall range-bound / cautious market behavior recently. �

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📉 Setup & Strategy

📌 Entry Zone (Aggressive / Bounce Play):

🔹 Buy: $1.35 – $1.42 — near the current price with RSI/oscillators showing potential oversold strength (RSI strong buy levels in lower ranges). �

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💰 Take Profit (TP) Levels:

🎯 TP1: $1.55 – $1.60 (1st resistance) —

could react as initial upside zone. �

🎯 TP2: $1.70 – $1.80 (next resistance if momentum builds)

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🔒 Stop Loss (SL):

❌ Below $1.28 — breakdown below this zone suggests deeper pullback risk.

📈 Bullish Scenario (Breakout)

If price sustains above $1.55–$1.60 with volume increase, momentum could push toward $1.70–$1.80+. A clear break above this zone might trigger further upside extension.

📉 Bearish Scenario

If SUI breaks below $1.28–$1.30 support zone on higher sell volume, expect pressure toward $1.20 – $1.10 or lower.

⚙️ Risk & Indicator Notes

• RSI and other oscillators can show oversold conditions at these low prices — meaning short-term bounce plays are plausible. �

• Mixed technical signals overall suggest caution — use tight stop losses and manage risk carefully. �

• Price historically has much higher pivot levels ($2+ or higher) but current action near $1.40 is a potential recovery zone.

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📌 Quick Trade Plan Summary

✔ Buy: $1.35–$1.42

✨ TP1: $1.55–$1.60

✨ TP2: $1.70–$1.80

❌ SL: Below $1.28

#Rameeztrader01 #SUIUSDT

SUIUSDT

Perp

1.3763

-2.45%