$SUI
/USDT Technical Analysis & Trade Signal🔥🔥💯
Current Price: 4.1251
24h High: 4.1995
24h Low: 3.9460
Technical Indicators:
RSI (14): Moderately above 50, indicating neutral to bullish momentum.
MACD: Mildly positive, indicating weak upward momentum.
Support Level: 3.9460 (strong support)
Resistance Level: 4.1995 (strong resistance)
Trade Signal:
Momentum: Bullish bias, but momentum is slowing down, suggesting caution in overbought conditions. Currently, price has held above 4.00, showing some stability.
Target Levels:
Target 1: 4.20 (Break above resistance)
Target 2: 4.35 (If momentum continues to rise)
Target 3: 4.50 (Long-term target for bullish sentiment)
Stop-Loss: Below 3.95 to protect against large downside risk.
Trade Suggestion:
Considering current momentum, it's a good opportunity to buy near support (around 4.05-4.10). Aim to take profits at targets 1 and 2. Watch for a clear breakout above 4.20 for potential higher gains. If momentum slows or reverses, exit near the stop-loss level (3.95).