Proposed Entry Areas

Entry price is around $3.60, where the price shows stability above the moving averages, indicating bullish momentum.

Profit Taking Goals

First Target: $3.82 - represents a nearby resistance level that could form the first profit-taking target.

Second Target: $4.00 - if the bullish momentum continues, the price may reach this level.

CoinGape

Stop Loss

Stop Loss: $3.33 it is advisable to set a stop loss at this level to protect capital in case of a trend reversal.

Current Technical Analysis

Relative Strength Index (RSI) is around 66.49, indicating strong bullish momentum without reaching the overbought area.

Cryptopolitan

Buyer

Encouraging Chart Pattern: Charts indicate a "Falling Wedge" pattern that has broken upward, showing strong momentum favorable to buyers.

Additional Tips

Risk Management: It is advisable not to exceed 1-2% of capital in this trade.

News Monitoring: Keep an eye on news related to the SUI coin and any updates that may affect the price.