Based on technical analysis and recent news, we provide you with an overview of Sui (SUI) and Dogecoin (DOGE), including daily and end-of-month forecasts, technical indicators, momentum, buying targets and stop losses.
Sui (SUI)$SUI
Current price:
Technical indicators:
RSI: shows a reading of 77.808, indicating an overbought condition.
MACD: positive at 0.131, indicating an upward momentum.
Forecast:
Short-term (day): Given the overbought condition, we may see a price correction or sideways movement to ease the pressure.
Medium-term (end-of-month): If the upward momentum continues, the price may reach higher levels, but indicators should be monitored to identify any potential reversals.
Buy Objectives and Stop Loss:
Buy Objectives: In case of correction, support levels at $4.80 and $4.50 can be viewed as potential buying opportunities.
Stop Loss: Set a stop loss level below the major support at $4.20 to reduce risk.
Dogecoin (DOGE)$DOGE
Current Price:
Technical Indicators:
RSI: Reading at 58.038, indicating moderate buying momentum.
MACD: Positive at 0.003, indicating weak bullish momentum.
Buy Objectives and Stop Loss:
Buy Objectives: Support levels at $0.35 and $0.30 are potential entry points.
Stop Loss: Set a stop loss level below the major support at 0.$28 to reduce risk.
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