$SUI

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Technical Analysis:

- Support and Resistance:

- Support: The nearest support level is around $3.50, where the price has stabilized and shows signs of recovery.

- Resistance: The next resistance level is expected around $5.00, where the price may encounter selling pressure.

- RSI Indicator: The RSI is currently at a high level, indicating that SUI may be in an overbought state, posing a potential for price correction in the short term.

Trading Strategy:

- Buy Zone (Entry):

- Consider buying when the price adjusts to the support zone of $3.50 - $3.60, where it may provide a safer entry point.

- Sell Zone (Entry for Short or Take Profit):

- If the price approaches the resistance zone of $5.00 and shows signs of reversal, consider selling or taking profit.

- Take Profit (TP):

- **TP1:** $4.50 - An important psychological level.

- **TP2:** $5.00 - Expected resistance level.

- Stop Loss (SL):

- Set SL below the support level of $3.40 to minimize risk if the price continues to decline.

Important Note:

- The cryptocurrency market is highly volatile; therefore, risk management and adherence to trading principles are very important.

- Always stay updated with market information and monitor technical indicators to adjust strategies in a timely manner.

- The information provided is for reference only and should not be considered as investment advice. Please conduct your own research and carefully consider before making trading decisions.#BTC☀ #SUI🔥🔥🔥🔥 $BTC