🚀 $SUI Technical Analysis June 10, 2025: PRICE STANDS AT $3.4013 WITH MODERATE BULLISH MOMENTUM 📈

📊 Market Insight
• Current Price: 3.4013 USDT
• Moving Averages (MAs) indicate a bullish trend.
• Volume has increased to 277,108.0, suggesting growing market interest and activity.
• MACD is slightly bullish.
• RSI values are in neutral territory.

📊 Important Levels to Watch
🔼 Resistance Levels:
3.4687 (24-hour high)
3.4830 (next psychological resistance)
3.5000 (potential extended target)
🔽 Support Levels:
3.2733 (recent support from upward trend)
3.1828 (significant support from prior low)
3.1685 (next psychological support)

💡 TRADE PLANS:
🐂 Bullish Trade Setup: Breakout above $3.4687
☑️ Entry Point: $3.4700 (enter if price breaks above 3.4687 with bullish momentum confirmation)
🎯 Price Target:
TP1: $3.4830
TP2: $3.5000
🛑 Stop Loss: $3.4600 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above 3.4687, an increase in volume, RSI(6) rising above 70, and a MACD bullish crossover with DIF moving above DEA.

🐻 Bearish Trade Setup: Breakdown below $3.2733
☑️ Entry Point: $3.2700 (enter if price breaks below 3.2733 with bearish momentum confirmation)
🎯 Price Target
TP1: $3.1828
TP2: $3.1685
🛑 Stop Loss (SL): $3.2800 (above the current support)
⚠️ Confirmation: Watch for a strong bearish candle close below 3.2733, a decline in volume, RSI(6) falling below 30 (into oversold territory), and the MACD showing a bearish trend with DIF dropping below DEA.

📌 Suggestion to Open Positions Today:
Traders might consider a bullish setup if the price breaks above $3.4687 with confirmation from volume and indicators. However, the neutral RSI and slightly bullish MACD suggest caution, so waiting for a clear breakout is advisable. For bearish traders, a drop below $3.2733 could indicate a reversal, but current trends lean bullish. Use tight stop losses to navigate the current volatility.

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