📌 Entry & Take-Profit (TP) Levels
Buy Entry Zone: $3.20 – $3.35
Take-Profit Targets:
TP1: $3.40
TP2: $3.55
TP3: $3.85
Stop-Loss (SL): $3.00
📊 Technical Indicators
Current Price: $3.43
RSI (14): 61.80 – Neutral
MACD (12,26): 0.29 – Buy signal
ADX (14): 31.06 – Indicates a strengthening trend
Moving Averages:
MA20: $2.95 – Buy
MA50: $2.56 – Buy
MA100: $2.86 – Buy
MA200: $3.26 – Buy
📈 Support & Resistance Levels
Support Zones:
$3.00 – $3.10
$2.95 – $3.00
Resistance Levels:
$3.40 – $3.44
$3.50 – $3.55
$3.85
🧠 Trade Strategy
SUI has demonstrated a strong bullish trend, with the price currently above key moving averages. The RSI and MACD indicators suggest continued upward momentum, though the RSI indicates that the asset is approaching overbought territory. Traders should monitor for potential pullbacks to the support zones for optimal entry points.
⚠️ Risk Management
Risk Level: Medium
Position Sizing: Consider allocating 1–2% of your trading capital per trade.
Stop-Loss: Set at $3.00 to limit potential downside.
Note: Always conduct your own research and consider your risk tolerance before entering any trade.
