$SUI
đ Strategy: Bearish Short-Term with Potential for Support Bounce
đ Buy Zone:
Consider entering near $4.0547 (support zone).
đŻ Take Profit (TP):
TP1: $4.20TP2: $4.2800
đ Stop Loss (SL):
Set a stop-loss near $4.0547 to manage downside risk.
đĄ Indicators to Watch
đ RSI (Relative Strength Index):
The RSI is near neutral, suggesting a balanced market, but could shift quickly depending on price movement.
đ MACD (Moving Average Convergence Divergence):
Look for any MACD crossover for potential momentum shifts.
đ Bollinger Bands:
Price movement seems stable within the bands, but volatility may increase if the price moves outside of the bands.
đ Analysis
Short-term Sentiment: Slightly Bearish, with support seen around $4.0547.Mid-term Sentiment: Neutral, dependent on breaking resistance at $4.2800 for further upside.Long-term Sentiment: Bullish if the price holds above $4.0547 support.
đš Recommendations
đ Buy near support ($4.0547) for a potential rebound.đŻ Target profits towards $4.20 and $4.2800 resistance levels.đš Risk Management: Set a stop-loss near $4.0547.