📊 #SUI🔥 4H Chart Technical Analysis 🚀

Key Levels:

🛑 Support: $5.12

🚧 Resistance: $5.35

💡 Entry Points (Long):

1️⃣ Buy near Support ($5.12)

🔽 If the price tests this support and shows a bullish reversal (e.g., candlestick pattern), this could be a solid entry point.

2️⃣ Breakout above Resistance ($5.35)

🚀 If the price breaks above resistance and consolidates, it could signal a buying opportunity.

3️⃣ Retest of Support after Breakout:

🔄 After breaking resistance, if the price retests it as support, that’s another potential entry point.

💰 Take Profit Levels:

1️⃣ First Take Profit at $5.50

💡 Lock in some profits here, as it might act as the next resistance level.

2️⃣ Second Take Profit at $5.70

🎯 This is the next major resistance level, where the price might struggle to break through.

⚠️ Stop-Loss:

⛔ Stop-Loss near $5.00

Place a stop-loss just below support to limit your risk.

🔍 Additional Tips:

🔧 Always confirm your signals with indicators like RSI, MACD, and volume to make more informed decisions.

💹 Note: The crypto market is highly volatile, so use caution and keep track of market trends. Happy trading!

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