Coin name- #Suiusdt
Signal type- Long
The SUI chart shows consolidation near the $4.28 level after a strong uptrend, with resistance at $4.45 and key support at $4.10. RSI remains neutral, suggesting balanced momentum. A breakout above resistance could confirm bullish continuation, while holding above $4.10 support maintains the long-term bullish outlook.
The chart reflects Bitcoin's weekly timeframe with a rising wedge formation,
which is typically bearish, alongside a rejection from the weak high zone. The RSI
indicates overbought levels easing, and price approaches key support zones.
Despite recent bearish pressure, long-term bullish momentum may sustain above
the trendline and support levels.
The BTC Dominance chart shows a rejection from a key resistance level at 58.8%, forming a potential bearish divergence. A descending triangle hints at bearish continuation. However, long-term dominance remains near a multi-year high, indicating strength. Momentum indicators suggest consolidation or slight retracement before a decisive trend emerges.
The TOTAL3 chart shows a descending channel, indicating a bearish short-term trend. Price rejection near $1.13T resistance and lower highs confirm bearish sentiment. RSI near oversold levels signals potential for a relief bounce. Long-term bullish momentum remains valid if support at $900B holds, despite current bearish consolidation.
Entry Price- 4.27
T/P- 5.0
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