๐ $SUI / $USDT Long Trade Setup โ Loading?
$SUI is currently experiencing a healthy pullback after testing resistance near the $3.73 zone. After the recent spike toward $3.74, weโre now seeing consolidation above a critical support level at $3.48 โ a good sign that the bulls are not backing off just yet.
On the 15-minute chart, $SUI is ranging between the middle and upper Bollinger Bands, with price holding above the mean band (MB: $3.6379), showing short-term strength. The recent bounce from $3.48 to $3.64 reflects intraday buying interest.
๐ Technical Indicators:
MACD is neutral-to-slightly bullish (DIF: 0.0083, MACD: -0.0003) โ could flip green with a small move upward.
RSI (6): 44.78 โ Neutral zone, showing room for upward movement.
KDJ (K: 63.12, D: 65.66, J: 58.05) is close to convergence, signaling a potential cross for upward momentum.
This setup hints at a classic consolidation phase before the next leg up. If SUI breaks above $3.67 with volume, it could retest the $3.73โ$3.75 resistance zone quickly. Short-term traders might look for entries near $3.60โ$3.63, while maintaining a stop below $3.48 to manage risk.
๐ Bias: Bullish continuation
๐ Watch Zones:
Entry: $3.60โ$3.63
Target: $3.73+
Stop: Below $3.48
SUI remains bullish on higher timeframes while correcting intraday. This consolidation could be your load-up zone before the next breakout.
Whatโs your move? Loading long or waiting for confirmation? ๐
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