#SUI🔥 SUI/USDT Intraday Sniping Strategy Analysis

I. Current Market Overview

• Real-time Price: 3.07 USDT (+2.66%), market volume is active, EMA moving averages are in a bullish arrangement.

• Key Levels:

◦ Resistance Level: EMA200 moving average (2.755), previous high around 3.2; if it breaks 3.2 effectively, the upward target looks towards 3.5.

◦ Support Level: EMA20 moving average (2.36), accumulation zone at 2.75; if it falls below 2.75, be cautious of deep pullback risks.

II. Technical Indicator Interpretation

• RSI(6): Value reaches 90.3, in an overbought state, short-term market overheating is evident.

• MACD: Histogram turns positive (value 0.111), indicating bullish momentum still exists.

III. Intraday Trend Prediction

Expect the intraday market to mainly oscillate at high levels:

• If the price stabilizes above 3.0, it is expected to test the resistance level upwards;

• If it falls below 2.75, the short-term trend weakens.

IV. Trading Strategy Recommendations

• Aggressive:

◦ Attempt short positions near 3.2 with light positions, set stop loss at 3.3;

◦ Price retraces to 2.75, if it does not effectively break below, can consider light buying.

• Conservative: Wait for RSI indicator to pull back and correct before entering trades.

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