$Technical Overview – $SUI
UI/USDT (4H)
Current Price: $2.2037 (+5.09%)
24h High: $2.2852
24h Low: $2.0920
Recent Swing Low: $2.0212
Recent Swing High: $2.2852
MACD: Bullish crossover, but histogram shows slowing momentum
Moving Averages:
MA(5) > MA(10), strong bullish pressure recently
Volume: Rising during the rally, followed by a red candle on high volume — could indicate profit-taking
Intraday Trading Signal – Cautious Bullish Bias
Entry Point(s):
1. Aggressive Entry: $2.20 - $2.21 (current price, riding momentum)
2. Safe Pullback Entry: $2.15 - $2.17 (potential support zone near prior resistance)
Stop-Loss Placement:
SL for Aggressive Entry: $2.14 (below 2.15 support zone)
SL for Pullback Entry: $2.08 (below 24h low and volume base)
Take-Profit Target(s):
TP1: $2.26 – Minor resistance before the previous high
TP2: $2.285 - $2.30 – Retest of recent high
TP3 (Extended): $2.35+ – Only if momentum continues with strong volume