#SUIUSDT : Oversold Rebound Opportunity (Bullish)
📉 Bearish Context (Risks):
- Sharp Decline: Price down -8.51% in 24h, testing 24h low ($3.05291).
- MACD Weakness: Bearish crossover (DIF: -0.12261 < DEA: -0.08457), histogram widening (-0.03804).
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🚀Strong Bullish Reversal Signals:
1. Extreme Oversold Indicators:
- Williams %R(14): -81.06 (Oversold threshold: -80) → Reversal likely.
- RSI(6): 32.63 (Approaching oversold zone <30).
2. Bollinger Band Squeeze:
- Price ($3.1809) near LOWER BAND ($3.07156) → Historical bounce zone.
- Target: Middle Band ($3.44911), a +8.4% upside.
3. Bullish OBV Divergence:
- OBV: +48.59M (Buying volume persists despite dip → Smart money accumulation).
4. Dominant Long Sentiment:
- 73.21% accounts & 58.12% positions LONG → Conviction holding strong.
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⚡ Trade Strategy:
- Entry: $3.18–$3.20 (Near current price).
- Targets: $3.35 (5.3% gain) → $3.45 (8.4% gain).
- Stop-Loss: $3.049 (Below 24h low).
- Leverage: ≤4x (Caution advised).
> Risk Note: 20% chance of breakdown below $3.05 (monitor volume spikes).
Signal:
- ✅ BUY for 1–3 day swing trade.
- 🔔 Alerts: $3.05 (SL) / $3.45 (TP).
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