$SUI here's the analysis:
Trend Analysis
1. Last Price: $3.4158.
2. Short-Term Trend (15 minutes):
MA (Moving Averages): The price is hovering near the MA lines, suggesting consolidation with potential for a breakout.
MACD: The MACD line is near the signal line, indicating indecision in the market. A crossover will signal the next direction.
RSI (6): At 42.48, indicating the market is not overbought or oversold—room exists for upward movement.
3. Volume: Moderate volume, signaling a lack of strong momentum but with potential for volatility.
Key Levels
Support: $3.3800 and $3.3400.
Resistance: $3.4600 and $3.5000.
Strategy Recommendations
Buy Entry
Entry Price: Consider entering around $3.3900–$3.4100, close to the support level.
Take Profit (TP): Target $3.4600–$3.5000 (resistance zones).
Stop Loss (SL): Place a stop loss at $3.3700 to limit potential downside risks.
Notes
If the price breaks and closes above $3.4600 with high volume, a bullish continuation is likely, and you can add more buy positions.
Be cautious if the price breaks below $3.3800, as it might signal a bearish trend.