š SUI/USDT Trade Signal & Analysis š„
š Trade Setup (Short-Term Bearish Trend)
š¹ Entry Zone: $2.60 - $2.70
š¹ Target 1: $2.85 ā
š¹ Target 2: $3.00 š„
š¹ Stop Loss: $2.55
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š Technical Analysis:
ā Bearish Momentum: SUI/USDT has dropped -7.06% today, showing a strong downward trend with a critical support zone at $2.60.
ā Key Resistance: If $2.85 breaks, we could see bullish continuation towards $3.00+.
ā Support Levels: $2.60 and $2.55 are crucial support zones. If they hold, a bounce-back rally is possible.
ā Volume Insights: 24H Trading Volume of 133M SUI suggests moderate buying pressure despite the decline.
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š Future Trade Outlook:
š If $2.85 is breached, expect bullish recovery towards $3.00 - $3.10 within the week.
š A potential retest of $2.60 - $2.65 could be a buying opportunity before a trend reversal.
š If Bitcoin (BTC) stabilizes, SUI could regain momentum, but caution is advised due to recent price weakness.
šØ Risk Management: Use stop-loss at $2.55 and monitor for trend reversal confirmation before entering trades.
š¢ Trade Smart & Stay Updated! šš„
