$SUI

📊 Technical Snapshot

• Current Price: $3.34 (+1.40%)

• Recent Low: $3.0530 on May 31

• Key Moving Averages:

• MA(7): $3.2818 (short-term support)

• MA(25): $3.2768 (medium-term support)

• MA(99): $3.4472 (long-term resistance)

• Volume: 109.41M USDT (healthy)

• Order Book Sentiment:

• Buyers dominate: 59.91% vs. 40.09%

• Recent Trend:

• Strong bounce from $3.05

• Price now pushing higher with increasing volume

• Trading above MA(7) and MA(25) = short-term bullish

• MA(99) near $3.45 is likely the next resistance

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🔍 Price Action Interpretation

• The bounce from $3.05 and consolidation between $3.15–$3.28 has now broken upward.

• Stronger green candles are appearing with healthy volume, signaling bullish momentum.

• The next resistance is around $3.45 (MA 99), and beyond that, $3.59 and $3.67.

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✅ Next Best Step Depends on Your Objective

🎯 If you’re trading short-term (swing/intraday):

• Entry: If you’re not in yet, a pullback to ~$3.30–$3.28 is a better entry.

• Stop-loss: Below $3.26 (under MA25), or tighter at $3.23 if conservative.

• Target:

• First: $3.45 (MA99 resistance)

• Second: $3.59–$3.67 (next fib resistance zones)

💼 If you’re holding long-term:

• This uptrend is likely a short-term relief rally unless it breaks $3.60+.

• Consider averaging in slowly, but watch for unlock events or supply shocks.

• Monitor if it holds above $3.28 on higher timeframes (like 4h or 1D).

⚠️ If you’re already holding a bag from a higher price:

• Consider taking partial profits at $3.45 if it struggles to break MA99.

• Reassess position if price fails to hold above $3.28 on a retest.

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🧠 Bonus Tip (from chart context):

• Volume is rising with price — this is typically a good sign of a healthy move.

• But be cautious around $3.45 — this could trigger short-term selling unless bulls push through quickly.