$SUI Booooom💥💥💥💥 target hit , wait for next move. #SUİ 2.99
🔍 Technical Analysis:
1. Current Price: 2.7966
2. Trend: Recovery from recent bottom (2.2914) — trying to break above MA(99) resistance at 2.8120.
3. Resistance Levels:
Immediate: 2.8120 (MA 99)
Major: 2.84 (24H high), 2.90, and 3.12
4. Support Levels:
Immediate: 2.72 (MA 25)
Stronger: 2.52, then 2.29
5. RSI (6): 74.97 → Approaching overbought, may face short-term pullback
6. Volume: Rising volume supports the bullish attempt
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📈 Trading Signal – Long Setup:
✅ Entry Point (Breakout Confirmation):
Buy above: 2.82 (break above MA99 and confirmation of upward move)
📉 Stop Loss:
Below: 2.71 (below MA25 and support zone)
🎯 Take Profit Targets:
TP1: 2.90 (minor resistance + round number psychology)
TP2: 3.05 (previous consolidation level)
TP3: 3.12–3.15 (strong resistance zone)
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❌ Alternate Bearish Scenario (If Rejected from 2.82):
If price fails to break above 2.82 and gets rejected, a pullback to 2.71 or 2.52 is possible. In that case, wait for a bullish reversal signal near support to re-enter.
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⚠️ Notes:
Use a tight stop due to overbought RSI.
Monitor BTC/ETH trend; it may influence altcoin momentum.
Confirm breakout with volume surge before entering.