📊 Technical Analysis – SUI/USDT (Binance)
The daily chart of the SUI/USDT pair shows reversal signs after hitting a low of 2.8467, with good opportunities for both long and short swing trades, depending on the behavior at resistances.
Technical Indicators:
✅️EMA 7 (3.3165) crossing above EMA 25 (3.4000) → beginning of recovery.
✅️Current price: 3.4362 → testing immediate resistance.
✅️EMA 99 (3.2315) below the price → relevant support.
✅️RSI (6): 60.26 → increasing buying strength, not overbought yet.
✅️Stochastic RSI: 84.95 → already in overbought → beware of possible corrections.
✅️MACD with bullish crossover and positive histogram → growing buying momentum.
💸Entry Strategy with DCA (Long):
If the price pulls back to lower zones, the fractional entry plan would be:
💸40% of the position: at 3.05 USDT
💸30% of the position: at 2.95 USDT
💸30% of the position: at 2.85 USDT (recent low)
Swing Trade Strategy (Leverage x3 or x5):
🟢 Bullish Scenario (Long):
✅️Entry: between 2.85 – 3.05 USDT (in case of a pullback).
🎯Target 1: 3.67 USDT (previous resistance).
🎯Target 2: 4.29 USDT (previous high).
🎯Extended Target: 4.70+ USDT (in case of breakout with volume).
⛔️Stop Loss: 5% below the average entry.
🔴 Bearish Scenario (Short):
⚠️If the price strongly rejects the zone of 3.67 – 3.70 USDT, it may signal exhaustion of the uptrend.
🔴Short Entry: between 3.65 – 3.70 USDT, with confirmation of a reversal candle.
🎯Target 1 (Short): 3.23 USDT (EMA 99).
🎯Target 2 (Short): 2.85 USDT (last low).
⛔️Stop Loss: 5% above the entry.
🧠 Recommended Strategy: use leverage with risk control, operating swing trades in both directions, observing market signals and behavior at key zones.
⚠️ DISCLAIMER: This content is for educational and informational purposes only. It is not a recommendation to buy or sell. Do your own research.
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