$SUI

✅ Key Observations – Updated Chart (May 27, 2025):

• Price Action: SUI is currently trading at $3.5656, up from the recent low of $3.4041.

• Moving Averages (2h chart):

• MA(7) = $3.4941 – price is now above the short-term MA, indicating a potential short-term bullish signal.

• MA(25) = $3.5322 – price has also crossed above the medium-term MA.

• MA(99) = $3.7308 – still above current price, showing that broader trend remains bearish.

• Volume Spike: Slight increase in volume suggesting accumulation, but not a breakout.

• Previous High: Resistance around $4.20, with intermediate resistance likely near $3.72–3.74 (around the 99 MA).

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🧭 Next Best Step: Depends on Your Strategy

🔹 If You’re a Short-Term Trader (2h window):

• Entry Opportunity (Aggressive): Now may be a good point to enter a small position, riding the momentum off the $3.40 bounce.

• Entry Opportunity (Conservative): Wait for confirmation above $3.73 (99 MA) or for a clear breakout with volume.

• Target: Short-term upside target = $3.72–3.89.

• Stop-loss: Place near $3.40, just below the recent support low.

🔹 If You’re Holding or Accumulating:

• Current levels between $3.40–$3.56 may be decent for dollar-cost averaging, especially if you’re betting on the June token unlock dip to fade.

• Watch how it reacts around $3.73. If it fails again, there may be another retracement.

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⚠️ Risk Considerations:

• 99 MA still showing a downward slope → trend isn’t fully reversed yet.

• Token unlocks approaching (if you’re tracking them) can introduce volatility.

• Volume is not yet conclusive for a breakout — need stronger buying interest.