đ¨ $SUI
/USDT Technical Analysis â Bullish but Overbought đĽ
SUI is trading around $0.7019 after a strong +5% move today.
đ Key Levels:
⢠Resistance: $0.7057â$0.7100
⢠Support: $0.6950â$0.6990
⢠Strong Support: $0.6890â$0.6900
RSI is extremely high:
1H RSI: 83+
4H RSI: 86+
This shows strong momentum, but also means chasing the current price can be risky.
đ˘ LONG SETUP
Entry: $0.695â$0.699
SL: $0.688
TP1: $0.7055
TP2: $0.712
TP3: $0.720
đ BREAKOUT SETUP
If SUI gets a confirmed 1H close above $0.708:
Entry: $0.708â$0.710
SL: $0.699
TP1: $0.716
TP2: $0.724
TP3: $0.735
â ď¸ I would NOT chase SUI at $0.7019 after this sharp rally. A pullback or confirmed breakout is safer.
If $0.7057â$0.7100 rejects strongly and price closes below $0.6987 on 1H, the bullish setup weakens and a deeper pullback toward $0.690 could happen.
This is technical analysis, not financial advice. Crypto is highly volatile, so always manage your risk and use a reasonable position size.
#BIP110ForkSignalingExpectedThisWeekend
#VIXFallsToJanuaryLow
#IraqOilExportsFall75%
#ThuneFilesClarityActClotureMotion
/USDT Technical Analysis â Bullish but Overbought đĽ
SUI is trading around $0.7019 after a strong +5% move today.
đ Key Levels:
⢠Resistance: $0.7057â$0.7100
⢠Support: $0.6950â$0.6990
⢠Strong Support: $0.6890â$0.6900
RSI is extremely high:
1H RSI: 83+
4H RSI: 86+
This shows strong momentum, but also means chasing the current price can be risky.
đ˘ LONG SETUP
Entry: $0.695â$0.699
SL: $0.688
TP1: $0.7055
TP2: $0.712
TP3: $0.720
đ BREAKOUT SETUP
If SUI gets a confirmed 1H close above $0.708:
Entry: $0.708â$0.710
SL: $0.699
TP1: $0.716
TP2: $0.724
TP3: $0.735
â ď¸ I would NOT chase SUI at $0.7019 after this sharp rally. A pullback or confirmed breakout is safer.
If $0.7057â$0.7100 rejects strongly and price closes below $0.6987 on 1H, the bullish setup weakens and a deeper pullback toward $0.690 could happen.
This is technical analysis, not financial advice. Crypto is highly volatile, so always manage your risk and use a reasonable position size.
#BIP110ForkSignalingExpectedThisWeekend
#VIXFallsToJanuaryLow
#IraqOilExportsFall75%
#ThuneFilesClarityActClotureMotion