$SUI
š Strategy: Bearish Short-Term with Potential for Support Bounce
š Buy Zone:
Consider entering near $4.0547 (support zone).
šÆ Take Profit (TP):
TP1: $4.20TP2: $4.2800
š Stop Loss (SL):
Set a stop-loss near $4.0547 to manage downside risk.
š” Indicators to Watch
š RSI (Relative Strength Index):
The RSI is near neutral, suggesting a balanced market, but could shift quickly depending on price movement.
š MACD (Moving Average Convergence Divergence):
Look for any MACD crossover for potential momentum shifts.
š Bollinger Bands:
Price movement seems stable within the bands, but volatility may increase if the price moves outside of the bands.
š Analysis
Short-term Sentiment: Slightly Bearish, with support seen around $4.0547.Mid-term Sentiment: Neutral, dependent on breaking resistance at $4.2800 for further upside.Long-term Sentiment: Bullish if the price holds above $4.0547 support.
šØ Recommendations
š Buy near support ($4.0547) for a potential rebound.šÆ Target profits towards $4.20 and $4.2800 resistance levels.šØ Risk Management: Set a stop-loss near $4.0547.