$SUI 📊 SUI/USDT Analysis 🚀

Indicators:

1. RSI (6, 14, 24):

- Short-term RSI (6) is at 33, close to the oversold region, indicating a possible upward reversal.

- Medium-term RSI (14 and 24) are neutral, but still point to weakness.

2. Bollinger Bands:

- Price is close to the lower band, which usually indicates a possibility of recovery.

3. MACD:

- The histogram is negative and the MACD lines are crossed downwards, showing selling strength at the moment.

4. Volume:

- Volume is at reasonable levels, with no signs of an entry or exit explosion.

--- Strategy:

📍 Entry: Long (buy) at 4.2700

- Based on the low RSI and proximity to the lower Bollinger band, suggesting upside potential.

🎯 Take Profit (TP): 4.3500

- Target based on the average of the Bollinger bands.

🔴 Stop Loss (SL): 4.2300

- Below the recently identified support.

⚠️ Note: The MACD is still indicating weakness. Use moderate leverage and monitor the indicators to adjust positions. 🧐