$SUI

✅ Main scenario: Short when encountering cloud resistance + thick EMA

• Entry: 3.33–3.36 (the intersection area of EMA 34, EMA 89 and the Ichimoku red cloud).

• Entry conditions: There is a bearish reversal candle or Stoch RSI crosses down from the overbought region.

• Stop-loss: Above 3.40.

• Take-profit:

• TP1: 3.22 (nearest support).

• TP2: 3.13 (old technical bottom).

⚠️ Alternative scenario: Long if breaking strongly through the red cloud

• Only consider LONG if the price closes above 3.40 on the H4 candle, confirming a successful breakout.

• Target TP: 3.55–3.60.

• Stop-loss: 3.30.

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📊 Detailed technical analysis – Why you shouldn't chase this pump?

☁️ Ichimoku Cloud

• The price is getting close to the thick red cloud – a strong resistance zone.

• Tenkan has crossed above Kijun, but the price is still below the cloud => weak bullish signal.

• Chikou Span is still below the candle => the market has not confirmed a trend reversal.

🧱 EMA 34 / EMA 89

• EMA 34 (blue) and EMA 89 (black) are right above the price => forming layered resistance.

• EMA 9 and SMA 9 have not strongly supported the price rebound => the current recovery is only technical.

⚠️ Stochastic RSI (14 and 84)

• Stoch RSI 14: 85.05 / 86.80 => extreme overbought zone, a reversal signal is imminent.

• Stoch RSI 84: Has also exited the bottom but has not clearly crossed up, not confirming a long-term reversal.

🔍 MACD

• The histogram is slightly positive but the MACD line is still below 0, not confirming an uptrend.

• The signal line has not decisively crossed => easy to have a 'turnaround'.

📉 Bollinger Band %B

• The price is approaching the upper range (%B = 0.67) => potential overbought signal, not sustainable.

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🧠 In summary:

• The SUI price is recovering in a major downtrend, immediately facing the cloud and EMA resistance.

• Indicators are warning of weak bullishness, high likelihood of reversal.

• The SHORT strategy at strong resistance is a low-risk option – clear profits.

$APT $FET

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