short technical analysis and trade signal for $SUI š„šÆ
/USDT based on the data provided:
Technical Analysis (Short-Term)
Trend: Strong Bullish Momentum (+29.25%)
Support Zone: $2.58 ā $2.78
Resistance Zone: $2.94 ā $2.98
Volume: High buying volume (bullish confirmation)
RSI (est.): Likely overbought (>70) ā watch for pullbacks
Candlestick Action: Likely forming bullish continuation patterns
Trade Signal
Trade Type: Long (Buy)
Entry Zone: $2.85 ā $2.90
Stop Loss: $2.72 (below short-term support)
Momentum: Strong bullish momentum ā ideal for breakout trades
Target šÆ Levels
Target 1: $3.05
Target 2: $3.25
Target 3: $3.50
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