#BTCBelow80K Let's break down the technical analysis of the **SUI/USDT** 
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### **Current Price Overview**
- **Current Price:** $2.0760
- **24h Change:** +9.06%
- **24h High/Low:** $2.1031 / $1.7174
- **MA60 (Moving Average 60):** 2.0847 (Price is currently **below** this level, suggesting short-term weakness)
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### **Price Action**
- The price shows a **recovery followed by a drop**, and it's currently trending **below the MA60**, which can be a **bearish signal** in the short term.
- The price tried to break higher but failed to sustain above the MA60, indicating **resistance** around $2.08–$2.10.
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### **Volume Analysis**
- You can see volume **spikes at peaks**, and the latest red bar indicates **strong selling pressure**.
- **MA(5)** and **MA(10)** volumes show a downward trend, indicating **decreasing interest** or **buyers losing strength**.
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### **Timeframe Performance**
- **Today:** +3.91% (Still green, short-term bounce)
- **7 Days:** -9.21%
- **30 Days:** -18%
- **90 Days:** -57.04%
- **180 Days:** +8.65%
- **1 Year:** +26.96%
This shows the asset had a **strong long-term trend**, but is in a **clear medium-term downtrend** (7–90 days).
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### **Signal Summary**
#### **Trade Signal**
This chart currently gives a **mixed to slightly bearish short-term signal**:
- Price failing to stay above MA60
- Volume weakening
- Strong resistance at $2.08–2.10
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### **Trade Plan Example**
**If you're planning a long (buy) trade:**
- **Entry (Buy):** Around $2.07
- **Stop-Loss (SL):** Below strong support level at $1.95 (to protect from further downside)
- **Take-Profit (TP):** Around $2.15–$2.20 (previous highs)
This gives a **Risk/Reward Ratio** of around **1:2**, which is acceptable.
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### **If Trade Goes Against You**
If price breaks **below $2.00** with high volume:
- That would confirm a **bearish continuation**
- You should **exit the trade at the SL level ($1.95)** to avoid deeper losses
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### **Final Notes**
- Watch out for volume: increasing red volume is a strong bearish sign
- MA60 rejection is key: unless price breaks above $2.085 with volume, avoid aggressive buys
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