$SUI Rush in quickly!!
Today’s SUI bullish breakout candle lifted directly from 0.74 to 0.886, with an intraday gain of nearly 20%. The price has already pulled far away from the moving average system; MA7 is only 0.849, and MA25 is even lower at 0.805. The deviation is wildly huge. After touching a high of 0.8860 during the session, it started to stall, which shows sell pressure overhead is beginning to appear. The momentum for the bulls’ continuous push has been exhausted. RSI has already surged to near the overbought zone around 80. The three KDJ lines have opened too wide—after this kind of violent pump, it must inevitably revert toward the moving averages. Downside at least needs to watch around MA25.
Entry: 0.8856
Stop loss: 0.9200
Take profit: 0.7824
$SUI - Short 🔻
Enter from below👇
Today’s SUI bullish breakout candle lifted directly from 0.74 to 0.886, with an intraday gain of nearly 20%. The price has already pulled far away from the moving average system; MA7 is only 0.849, and MA25 is even lower at 0.805. The deviation is wildly huge. After touching a high of 0.8860 during the session, it started to stall, which shows sell pressure overhead is beginning to appear. The momentum for the bulls’ continuous push has been exhausted. RSI has already surged to near the overbought zone around 80. The three KDJ lines have opened too wide—after this kind of violent pump, it must inevitably revert toward the moving averages. Downside at least needs to watch around MA25.
Entry: 0.8856
Stop loss: 0.9200
Take profit: 0.7824
$SUI - Short 🔻
Enter from below👇