$SUI
/USDT Technical Analysis & Trade Setup🚀🎯
Current Price: 3.2419 USDT
24h High: 3.4930 USDT
24h Low: 3.1783 USDT
Bollinger Bands (20, 2):
Upper: 3.2705 USDT
Middle: 3.2324 USDT
Lower: 3.1942 USDT
Parabolic SAR: 3.2045 USDT
Key Levels & Trade Strategy
1. Target 1 (Bullish):
Price Target: 3.2705 USDT (Upper Bollinger Band)
Setup: If the price breaks above the middle Bollinger Band (3.2324) and holds above 3.2705, this could indicate a continuation to the upside. The Parabolic SAR is also suggesting a potential upward trend if the price stays above 3.2045.
Action: Buy on a confirmed break above 3.2705 with a stop loss at 3.2045 (SAR level).
2. Target 2 (Neutral to Bearish):
Price Target: 3.1942 USDT (Lower Bollinger Band)
Setup: If the price starts to pull back towards the lower Bollinger Band, it suggests possible support at 3.1942. Look for signs of consolidation or reversal around this level.
Action: Buy if the price approaches 3.1942 and shows signs of support, with a stop loss below 3.1783 (24h low). Alternatively, Sell if the price breaks below 3.1942 and heads towards 3.1783.
3. Target 3 (Bearish Reversal):
Price Target: 3.1783 USDT (24h Low)
Setup: If the price breaks below the lower Bollinger Band (3.1942) and SAR level (3.2045), it could signal a bearish trend continuation. A breakdown below the 24h low of 3.1783 could extend the downtrend.
Action: Sell if the price breaks below 3.1942 and closes below 3.1783, with a stop loss around 3.2324 (middle Bollinger Band).
Trade Setup Overview:
Bullish Scenario:
Buy above 3.2705 (Upper Bollinger Band) with a stop loss at 3.2045 (SAR). Target: 3.4930 (24h High).
Bearish Scenario:
Sell below 3.1942 (Lower Bollinger Band), targeting 3.1783 (24h Low). Stop loss at 3.2324 (Middle Bollinger Band).
Neutral/Range-bound:
Buy near 3.1942 (if support holds) or wait for a break above 3.2705. Use Bollinger Bands to gauge breakout and reversal signals.