$SUI
๐ SUI/USDT โ technical analysis 4H
SUI continues to show a strong uptrend. Price stays above the EMA 7/25/99, and the market structure remains bullish.
๐น Price: ~1.01$
๐น Resistance: 1.08โ1.10$
๐น Support: 1.00$, then 0.92โ0.93$
๐น RSI: ~72 โ the market is already overheated, so a pullback is possible.
Scenarios:
๐ข Bullish: consolidation above 1.08$ โ move toward 1.15โ1.20$.
๐ด Bearish: loss of 1.00$ โ pullback to the 0.92โ0.93$ area.
๐ก My take: after such an impulse, I wouldnโt rush to chase the price. Itโs more interesting to see either a confident breakout above 1.08$, or a pullback to support levels.
Plan โ Analysis โ Discipline.
โ ๏ธ This is not financial advice. The material reflects only my personal view of the chart and is not a call to buy or sell.
๐ SUI/USDT โ technical analysis 4H
SUI continues to show a strong uptrend. Price stays above the EMA 7/25/99, and the market structure remains bullish.
๐น Price: ~1.01$
๐น Resistance: 1.08โ1.10$
๐น Support: 1.00$, then 0.92โ0.93$
๐น RSI: ~72 โ the market is already overheated, so a pullback is possible.
Scenarios:
๐ข Bullish: consolidation above 1.08$ โ move toward 1.15โ1.20$.
๐ด Bearish: loss of 1.00$ โ pullback to the 0.92โ0.93$ area.
๐ก My take: after such an impulse, I wouldnโt rush to chase the price. Itโs more interesting to see either a confident breakout above 1.08$, or a pullback to support levels.
Plan โ Analysis โ Discipline.
โ ๏ธ This is not financial advice. The material reflects only my personal view of the chart and is not a call to buy or sell.