Today's Analysis $SUI
Today's SUI continues to rebound so rapidly, successfully breaking through the strong resistance level above. Now let's see if it can hold its position, but from the 1-hour chart, it looks a bit dangerous, as a red doji has appeared at the peak. This alone is not a sufficient condition for placing a trade.
From the technical indicator MACD, there is a trend towards a downward correction on the 1-hour chart, and the 4-hour candlestick shows a pin bar, with MACD still in a high sell position.
Those who are more conservative can wait and test again, while those who are more aggressive can short it at the current price, ensuring to set a stop loss.
Today's SUI continues to rebound so rapidly, successfully breaking through the strong resistance level above. Now let's see if it can hold its position, but from the 1-hour chart, it looks a bit dangerous, as a red doji has appeared at the peak. This alone is not a sufficient condition for placing a trade.
From the technical indicator MACD, there is a trend towards a downward correction on the 1-hour chart, and the 4-hour candlestick shows a pin bar, with MACD still in a high sell position.
Those who are more conservative can wait and test again, while those who are more aggressive can short it at the current price, ensuring to set a stop loss.
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SUI
3.4976
-0.06%