$SUI HURRY UP AND BUY
SUI 15-Minute Chart Analysis & Trading AdviceKey Observations (15m Timeframe):
Price Action:
Current Close: 3.9498 (-0.47% in last candle).
Range: 3.9435 (Low) to 3.9688 (High) (Amplitude: 0.64%).
Trend: Price is hovering around MA(50) = 3.9523 (neutral bias).
Support/Resistance:
Immediate Support: 3.9435 (recent low).
Strong Support: 3.8830 (24h low).
Resistance: 3.9577 (psychological level) → 4.0000 (key breakout zone).
RSI(6): 50.71 (neutral, no overbought/oversold signal).
Volume: Moderate (no extreme spikes).
Trading Strategy (15m Scalp/Swing):
✅ BUY Signals (Long Entry):
Break & Retest:
If price breaks 3.9577 and retests it as support.
Confirm with RSI(6) > 55 and rising volume.
Target: 4.0000 (1.3% upside).
Bounce from Support:
If price holds 3.9435 and forms a bullish reversal pattern (hammer, engulfing).
Target: 3.9688 → 3.9577.
❌ Avoid Buying (Risk Zones):
If price breaks 3.9435 (next support at 3.9000).
If RSI(6) drops below 45 (weak momentum).
Stop-Loss (SL):
Tight SL: 3.9400 (below recent low).
Conservative SL: 3.9000 (if trading a larger swing).
Conclusion:
Neutral short-term, but a break above 3.9577 could signal a move to 4.0000.
Watch for volume spikes and RSI confirmation before entering.
Trade small due to low amplitude (0.64%)—wait for stronger momentum.