๐ฏ SUI/USDT Gearing Up for a Powerful Move to $5? Full Analysis & Entry Points!
SUI is showing a strong reversal and steady growth, firmly holding above all key moving averages! The price is fluctuating around $4 (+1.9%), but whatโs next โ a breakout to $5 or a pullback?
๐ What the Charts Say (1D/4H/1H):
๐ EMA (7/25/99): Price is confidently trading above all EMAs on the daily and 4H โ a clear signal of a bullish trend.
๐ฅ RSI (69) & StochRSI (97): Overbought zone โ a small correction might be coming for a healthy trend continuation.
๐น MACD: Strong positive momentum on the daily, but losing steam on lower timeframes.
๐ OBV: Volumes confirm the uptrend, but buyer activity is slightly slowing at the highs โ consolidation is possible.
โก๏ธ Key Levels:
Resistance: $4.25 (main breakout level for a rally to $5+).
Support: $3.85 โ $3.90 (ideal buy zone), next at $3.60 โ $3.65.
Targets: $4.25 โ $4.58 โ $5.00 and $5.37 (previous peak).
๐ฏ Trading Strategy:
Buy the dip: Look for entries around $3.85โ3.90.
Breakout entry: Enter if price confirms a breakout above $4.25 with strong volume.
Stop-loss: Below $3.55 (tight) or $3.20 (conservative).
Take profit: $4.25 โ $4.58 โ $5.00.
๐ฅ Conclusion:
$SUI /USDT is entering a strong bullish phase. Short-term pullbacks are possible, but the mid-term targets of $5+ remain valid. Best strategy โ wait for a dip to $3.85โ3.90 or join the breakout above $4.25!
#sui #CryptoAnalysis #AltcoinBreakout #BuyTheDip #cryptotrading