$SUI
/USDT Technical Analysis and Trade Signal 🚀🎯
Current Price: 3.3446 USDT
24h Range: 3.3110 to 3.6596 USDT
Bollinger Bands (20, 2):
Upper Band: 3.5047 USDT
Middle Band: 3.4162 USDT
Lower Band: 3.3278 USDT
Parabolic SAR (0.02, 0.2): 3.3815 USDT
Key Support and Resistance:
Support Zone: 3.3278 USDT (Lower Bollinger Band)
Resistance Zone: 3.5047 (Upper Bollinger Band
Parabolic SAR: 3.3815 USDT, watch for price movement relative to this value for potential trend shifts.
Trade Signal:
Long Entry:
Entry Price: 3.3500 - 3.3600 USDT (near current levels)
Stop Loss: 3.3200 USDT (below the lower Bollinger Band for protection)
Target Levels:
Target 1: 3.4162 USDT (Middle Band, potential resistance)
Target 2: 3.5047 USDT (Upper Band, strong resistance area)
Target 3: 3.5500 USDT (psychological resistance level above the upper Bollinger Band)
Short Entry:
Entry Price: 3.3100 - 3.3200 USDT (if price breaks below the support zone)
Stop Loss: 3.3600 USDT (above the middle Bollinger Band)
Target Levels:
Target 1: 3.2700 USDT (next key support zone)
Target 2: 3.2200 USDT (additional support, further downward extension)
Target 3: 3.1500 USDT (psychological support and next key level)
Trade Momentum:
Bullish Momentum:
If the price holds above the 3.3278 USDT (lower Bollinger Band) and moves towards the middle band (3.4162), there may be upward momentum.
Watch for a breakout above the 3.3815 USDT SAR value, indicating further potential for upward movement.
Bearish Momentum:
A break below the 3.3278 support zone could signal bearish continuation towards the 3.3110 low, with further downside potential if the SAR flips to the downside.
Summary:
Bullish Case: If the price holds above the support zone (3.3278) and moves towards the middle or upper Bollinger Bands, it could reach targets of 3.4162, 3.5047, and even 3.5500.
Bearish Case: A break below 3.3278 may lead to further downside, targeting 3.2700, 3.2200, or even 3.1500.
Monitor price action around the 3.3278 and 3.3815 levels for a clearer signal of trend direction.