$SUI $SUI $SUI

SUI/USDT Chart Analysis: Dip Buy Opportunity?

The SUI/USDT chart shows a bearish trend around $1.94. However, a potential dip buy opportunity exists.

Support & Resistance:

* Support: $1.94 (immediate), $1.93

* Resistance: $2.02 (strong), $2.07

Entry Strategy:

Wait for a dip to $1.93, then buy with a stop-loss below $1.93.

Considerations:

* Volume: Moderate, suggesting a neutral market.

* Sentiment: Bearish, which could pressure SUI.

Conclusion:

Despite the bearish trend, the $1.93 level offers a potential dip buy opportunity. Monitor the market closely and adjust your strategy accordingly.

Disclaimer: This is not financial advice. Do your own research.

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