#SUIUSDT Perp: Rangebound - Awaiting Breakout! ⚖️

Current Price: $3.29969 (+1.80%)

24h Range: $3.23866 - $3.39201

Volume: 21.71M SUI ($71.91M USDC)

Key Indicators & Analysis

1. Neutral-Bullish Bias:

- MACD: +0.01569 (bullish momentum building).

- OBV: 72.28M (steady accumulation ✅).

- Long/Short Ratio: 56.48% longs (moderate bullish bias).

- Bollinger Bands: Price near middle band (3.27629); squeeze suggests volatility ahead.

2. Caution Signals:

- Stochastic RSI: 79.10 (overbought! Risk of pullback).

- RSI(6): 48.68 (neutral, lacks strong momentum).

- Volume MA(5) < MA(10): Declining volume trend.

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Trade Strategy: Precision Play

✅ Best Entry:

- Breakout Buy: Above $3.36137 (upper Bollinger band + confirms uptrend).

-Dip Buy: Near $3.28000 (middle band support + 24h low confluence).

🎯 Exit Targets:

1. TP1: $3.39201 (24h high).

2. TP2: $3.45000 (psychological resistance).

❌ Stop Loss: $3.23800 (below 24h low + Bollinger lower band).

Surety Rate: 70% (Breakout-Dependent)

- Why? Bullish MACD + OBV support, but overbought STOCHRSI and weakening volume require caution.

- Key Trigger: Volume surge above 3.5M SUI on breakout.

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#SUIUSDC #RangeBreakout #CryptoPerps #CryptoAlerts

Disclaimer: Risk ≤1.5% per trade. Exit 50% at TP1, trail stop for balance. Monitor STOCHRSI reversals! 🔍