🚨 $SUI — Cooling After Local High! Is Another Push Coming? Fresh Trade Setup Revealed! 🚨
Recent High (15M TF): $3.37
Current Price: $3.32 (down -1.48% from recent high — mild intraday retracement)
🔍 Technical Overview:
Resistance Zone: $3.35 – $3.37
Recent rejection point — bulls failed here on last attempt; key level to break for upside continuation.
Support Zone: $3.30 – $3.32
Currently testing this soft demand zone — potential bounce spot if bulls hold control.
RSI (15M): 51 — neutral — no extreme; ready for either breakout or deeper pullback.
MACD (15M): Bearish cross softening — momentum loss slowing; bulls might step in soon.
Fibonacci (0.382 Retrace): $3.33 — acting as immediate resistance — needs to flip for bullish confirmation.
📢 SUI/USDT Scalp/Intraday Signal:
🟢 Buy Zone: $3.30 – $3.33 (Current price — attractive entry near local support)
🎯 Targets:
➡️ TP1: $3.35 (Fibonacci retrace / minor resistance zone)
➡️ TP2: $3.37 (recent high — potential retest if strength returns)
➡️ TP3: $3.42 (possible breakout extension target)
🔻 Stop Loss: $3.27 (below key support — safe invalidation point)
⚠️ Risk/Reward Insight:
Risk/Reward Ratio: 2.8+ — favorable for short-term traders and scalpers. Low leverage (3x–5x) recommended for futures traders given possible intraday volatility.
🔥 Quick Market Insight:
$SUI cooled down after testing the $3.37 zone but still holding above short-term support at $3.30. If buyers defend this area, another push toward $3.35–$3.37 is likely. Watch for volume to confirm strength.
💡 Pro Tip:
"The second touch of resistance breaks more than the first — patience may unlock the breakout."
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