"$SUI Trade Signal: Entry, Stop Loss & Take Profit Setup!"🚨
Current Price: $3.52
Resistance: $3.80
Support: $3.00
RSI: 72 (Overbought – caution on entry!)
CCI: 120 (Overbought)
📊 $SUI Trade Setup:
Entry:
Consider entering at $3.50 if the price stabilizes or shows signs of holding at this level.
Stop Loss:
Set a stop loss at $3.00 to protect from any sharp downturns if support fails.
Take Profit:
First Target: $3.80 (Previous resistance level).
Second Target: $4.00 (Key psychological resistance).
💡 Strategy:
If the price holds $3.50 and doesn’t break $3.00, this could be a solid long opportunity with an expected retest of $3.80 and potentially $4.00.
If the price drops below $3.00, consider exiting the position as further downside could be in play.
📌 Reminder: Always adjust your stop loss according to your risk tolerance and trade with caution when RSI is in overbought territory.
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