🚨 $SUI /USDT – Reversal Incoming or More Downside? ⚠️
$SUI has pulled back to $3.42 (-1.91%), despite reaching a recent high of $3.57. Is this a healthy correction or the start of a deeper retracement? Let's dive in.
📊 Market Overview
📍 Current Price: $3.42
📈 24h High: $3.5719
❄️ 24h Low: $3.3000
🔁 MA(7): $3.4220
📐 MA(25): $3.4601
🧱 MA(99): $3.1839
🔄 Parabolic SAR: [data not given but trend appears flattening]
📉 MACD Momentum:
DIF: Weakening
DEA: Bearish convergence forming
MACD: Neutral to bearish—needs confirmation
📈 SUI Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If SUI Holds Above $3.42):
Entry: Above $3.45
Targets: $3.57 → $3.61 → $3.75+
Stop-Loss: $3.30
🔹 Bearish Scenario (If SUI Drops Below $3.30):
Entry: Below $3.30
Targets: $3.10 → $2.93 → $2.80
Stop-Loss: $3.46
🔍 Should You Watch, Buy, or Wait?
✅ Volume is solid—66.85M SUI, 231.42M USDT
✅ Price still hovering near short-term MA(7)—watch the $3.42 pivot
⚠️ Failure to reclaim MA(25) at $3.46 = warning sign
⚠️ Lower highs could signal bearish continuation if $3.30 fails
💡 Pro Tip:
🚀 A breakout above $3.57 on strong volume could launch toward $3.75+
⚠️ But a breakdown below $3.30 likely targets the $2.93 zone quickly
📢 Are you watching for the bounce or bracing for the dip?
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