#NFPWatch Here is the **technical analysis** SUI/USDC
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### 📉 **Current Price**:
**\$2.8372** (Down **5.33%** over 24h)
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### 🧠 **Technical Indicators Breakdown**
#### 1. **Trend Direction**
* The **price is below the 60-period Moving Average (MA60 = 2.8406)** — a bearish signal.
* The yellow price line shows a **sharp drop followed by weak recovery**, indicating **low buying strength** after the dip.
#### 2. **Volume (VOL)**
* **Volume spiked** at the time of the drop (see tall red bars), suggesting **panic selling or stop-losses hit**.
* **Volume then faded** with smaller green candles, meaning **weak buying pressure** and **no strong reversal confirmation** yet.
#### 3. **EMA (Exponential Moving Averages)**
* No values shown directly, but the yellow, purple, and blue lines (likely short/medium/long EMAs) **are in a downtrend alignment**.
* Price is **below all EMAs**, another **bearish confirmation**.
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### 📊 **Performance Overview**
| Period | Change |
| ------------ | -------- |
| **Today** | -0.16% |
| **7 Days** | +5.03% |
| **30 Days** | -11.55% |
| **90 Days** | +28.04% |
| **180 Days** | -45.38% |
| **1 Year** | +299.94% |
🔎 This shows the pair has **long-term growth**, but currently in a **short-term correction** phase.
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### 🎯 **Suggested SL/TP Levels**
#### 🛑 **Stop-Loss (SL)**
* Nearest support: **\$2.8237** (24h Low)
* Place SL slightly below: **\$2.81** to reduce false triggers.
#### 🎯 **Take-Profit (TP)**
* Nearest resistance: **\$2.84 - \$2.85** (near MA60)
* Higher resistance: **\$2.88 - \$2.90**
* Conservative TP: **\$2.85**
* Aggressive TP: **\$2.88 - \$2.90**
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### ✅ **Conclusion**
* The current trade **leans bearish in the short-term**, unless the price can **reclaim and stay above \$2.85 (MA60)**.
* Avoid long positions unless a breakout above MA60 with volume occurs.
* **SL: \$2.81**
* **TP: \$2.85 (safe) or \$2.90 (risky)** #TrumpVsMusk $SUI