$SUI

๐Ÿšจ SUI /USDT on the edge of the abyss! Breakout or collapse? ๐Ÿ”

๐Ÿ“‰ Current trend: Strong downward momentum with a 7.15% decline; the price is close to the support area.

๐Ÿ“Š Relative Strength Index (6): At 22.5 - High oversold, indicating a potential short-term rebound.

๐Ÿ“ Support level: $3.65 - If breached, the price may drop further to $3.30.

๐Ÿ”ผ Resistance level: $3.88 and strong resistance at $4.24.

๐Ÿ“ˆ Breakout probability: Only above $3.88 with high trading volume; otherwise, the trend will remain bearish.

โš ๏ธ Risk: High - The Relative Strength Index indicates exhaustion, but a collapse is possible if trading volume continues to decline.

โณ Trading idea: Wait for confirmation of a bullish candle above $3.88.

๐Ÿ›‘ Stop loss: Below $3.60 when entering early.

โœ… Summary: High risk at the moment - Monitor the market closely before entering.