$SUI Trading strategy on the 1-hour timeframe based on current technical indicators and price action:

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1. SUI / USDT Market Overview:

• Current Market Price: $3.0393

• Trend: Sideways with bullish bias; consolidating above EMA(21)

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2. SUI / USDT Technical Analysis:

• EMA(21): $2.9419 — strong dynamic support

• EMA(50): $2.7668 — secondary support

• EMA(200): $2.4008 — macro support

• MACD: Slightly bearish, low momentum

• Stoch RSI: 33.30 — recovery from oversold

• RSI(6): 63.64 — neutral to slightly bullish

Supports: $2.9419 (EMA21), $2.7668 (EMA50), $2.4008 (EMA200)

Resistances: $3.0786 (local top), $3.1184 (recent high wick)

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3. $SUI / USDT Spot Trading Setup:

• Buy Zone: $2.92–$2.95 (support zone at EMA21)

• TP1: $3.08 (local resistance)

• TP2: $3.12 (upper range wick)

• TP3: $3.28 (measured breakout target)

• SL: $2.76 (below EMA50 and recent range lows)

Best Course of Action:

Buy — Consolidation above EMA21 offers a solid entry with defined structure and targets.

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4. $SUI / USDT Futures Trading Setup:

• Long Entry: $2.92–$2.95

• TP1: $3.08

• TP2: $3.12

• TP3: $3.28

• SL: $2.76 (structure break)

• Short Entry: Below $2.76

• TP1: $2.60

• TP2: $2.42

• TP3: $2.30

• SL: $2.96 (invalidates bearish thesis)

Best Course of Action:

Long — Momentum stabilizing with room for upside if range breaks higher.

[Note: “This post does not constitute financial advice. Please evaluate all risks and make investment decisions based on your own informed judgment.”]