$SUI
$SUI Recovery Incoming? 🌊 Key Levels to Watch!
Market Analysis:
SUI/USDT has found solid ground at the $0.8750 support level and is currently showing a strong bullish reversal on the 1H chart. The price is now trading at $0.9181, successfully climbing above the Middle Bollinger Band ($0.8989).
Technical Highlights:
Bullish Momentum: The MACD has crossed into positive territory with growing green bars, indicating that buyers are regaining control.
RSI Strength: The RSI (10) is currently at 62.50, showing healthy upward momentum without being overbought yet.
Volumetric Support: We are seeing a steady increase in buying volume as SUI attempts to challenge higher resistance levels.
🎯 Trade Setup:
Entry Zone: $0.9100 - $0.9185
Target 1: $0.9266 (Upper Bollinger Band)
Target 2: $0.9378 (24h High)
Target 3: $0.9530 (Major Resistance)
Stop Loss: $0.8850 (To protect against a trend reversal)
Strategy: SUI looks ready to test the $0.93 zone. Watch for a clean break above the Upper Band for a fast move toward the recent highs!
Community Poll: Is $SUI going back to $1.00 soon? Drop your predictions below! 👇
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