According to my research;
Here's SUI's next 4-hour prediction based on technical analysis:
Current Condition:
- Price: $1.79
- Trend: Uptrend
- RSI (14): 64.12 (Neutral)
- MACD (12, 26): Bullish crossover
- 50-day MA: $1.55 (Support)
- 200-day MA: $1.23 (Long-term support)
Indicators:
- Moving Averages: Aligned (50-day > 200-day)
- Bollinger Bands: Expanding (increased volatility)
- Stochastic Oscillator: 71.43 (Overbought)
Whale Activities:
- Moderate buying activity from whales in the last hour
- Increased buying volume
Candlestick Patterns:
- Bullish Engulfing Pattern (forming)
- Hammer Pattern
Support and Resistance:
- Support: $1.75, $1.69
- Resistance: $1.85, $1.92
Market Sentiment:
- Slightly bullish
Next 4-Hour Prediction:
- 65% chance of uptrend
- 35% chance of consolidation
Long Trade Setup:
1. Entry: $1.78-$1.82
2. Stop-loss: $1.69
3. Take-profit: $1.85-$1.92
4. Risk-Reward Ratio: 1:2
Recommendations:
1. Monitor whale activities and volume.
2. Adjust stop-loss to $1.75 if price reaches $1.85.
Caution:
1. Overbought conditions.
2. Possible pullback to $1.75.
3. See now...$SUI 👇
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