🚨$SUI /USDT Technical Analysis🚨
📊SUI/USDT is currently trading at $3.29, down 5.01% in the past 24 hours. The daily chart shows a bearish trend with a potential short-term reversal.
📈Long Entry: $3.25
🔴Long Stop Loss: $3.15
📉Short Entry: $3.35
🟢Short Stop Loss: $3.45
The RSI is currently oversold, indicating potential for a short-term rebound. However, the MACD is bearish, suggesting that the overall trend may remain downward.
⚠️Traders should monitor the price action closely for any signs of a reversal or continuation of the downtrend.
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