#SUI🔥 Technical Analysis and Trading Strategy

---

Technical Analysis

- Current Price: $5.19

- Support Levels:

- Near Support: $4.91

- Strong Support: $4.50

- Resistance Levels:

- Near Resistance: $5.35

- Strong Resistance: $5.50

Key Indicators:

- RSI: Neutral at 55.

- MACD: Bullish crossover, indicating potential upward momentum.

---

Trading Strategy

1. Long (Buy): $SUI

- Entry Point: Buy if the price breaks above $5.35 with strong volume.

- Take Profit:

- Target 1: $5.50

- Target 2: $5.75

- Stop Loss: Below $4.91.

2. Short (Sell): $SUI

- Entry Point: Sell if the price fails to break $5.35 and shows signs of reversal.

- Take Profit:

- Target 1: $4.91

- Target 2: $4.50

- Stop Loss: Above $5.50. $SUI