📈 Technical Analysis for SUI/USDT - 4-Hour Time Frame
🔹 Current Price: 3.5462 USDT 🔹 Increase Percentage: +3.89% 🔹 Technical indicators suggest the possibility of continued upward momentum after breaking through a major downward trend.
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🔍 Technical Overview:
✅ The price has clearly broken the downward trend, with candles closing above the horizontal resistance at 3.47 ✅ The candles have breached the middle of the Bollinger Bands and are now heading towards the upper limit, reflecting strong momentum. ✅ MACD shows a clear positive crossover, and the histogram is turning green. ✅ RSI(6) is at 67 and approaching overbought territory, indicating good momentum but caution is needed near resistance levels.
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🎯 Potential Upward Targets:
1. First Target: 3.73
2. Second Target: 3.99
3. Third Target: 4.26
4. Long-term Target: 4.44
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🛡️ Suggested Stop-Loss Area:
Closing a 4-hour candle below 3.47 temporarily invalidates the positive scenario.
Strong support at 3.26.
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📌 Summary: Breaking the downward trend and rising technical indicators provide a good entry opportunity for traders, targeting resistance levels above. We recommend monitoring trading volume and proceeding with caution near the 3.73 resistance.
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📢 This is not financial advice, just technical analysis. Manage your capital wisely.
📈 Technical Analysis for SUI/USDT - 4-Hour Time Frame
🔹 Current Price: 3.5462 USDT 🔹 Increase Percentage: +3.89% 🔹 Technical indicators suggest the possibility of continued upward momentum after breaking through a major downward trend.
---
🔍 Technical Overview:
✅ The price has clearly broken the downward trend, with candles closing above the horizontal resistance at 3.47 ✅ The candles have breached the middle of the Bollinger Bands and are now heading towards the upper limit, reflecting strong momentum. ✅ MACD shows a clear positive crossover, and the histogram is turning green. ✅ RSI(6) is at 67 and approaching overbought territory, indicating good momentum but caution is needed near resistance levels.
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🎯 Potential Upward Targets:
1. First Target: 3.73
2. Second Target: 3.99
3. Third Target: 4.26
4. Long-term Target: 4.44
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🛡️ Suggested Stop-Loss Area:
Closing a 4-hour candle below 3.47 temporarily invalidates the positive scenario.
Strong support at 3.26.
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📌 Summary: Breaking the downward trend and rising technical indicators provide a good entry opportunity for traders, targeting resistance levels above. We recommend monitoring trading volume and proceeding with caution near the 3.73 resistance.
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📢 This is not financial advice, just technical analysis. Manage your capital wisely.
📌 Partial Entry Made After Breaking 0.719 📌 Possible Reinforcement Upon Confirming Break of 0.725–0.730 with Strong Volume 📌 Stop Loss Below 0.690
🚨 Disclaimer: This analysis is not considered financial advice. Manage your risks wisely. Follow upcoming movements carefully, as any strong bullish volume could trigger a new wave.
📈 Share Your Opinions! Do you expect the rise to continue? Have we reached a real launch phase?
📈 Technical Analysis for LAYER/USDT 🔸 Current Price: $0.7114 🔸 Pattern Observed: Small Consolidating Triangle after a Correction from a Strong Peak at 0.8461 🔸 Current Support around 0.6953 with a Gradual Upward Attempt
📊 Indicators:
RSI in the Neutral Zone at 51
MACD Positive but Momentum is Weak
Bollinger Bands have Started to Contract = We Might See Price Movement Soon
📈 LAYER/USDT Analysis – Break of Downtrend and Bullish Entry Signal 🚀
The price broke the downtrend on the hourly timeframe with a strong candle, confirmed by several indicators:
✅ Bullish crossover on MACD ✅ RSI in neutral position with open room for upward movement ✅ Positive and stable movement above the previous resistance level of 0.6939 ⚠️ Volume is improving, but we are monitoring the upcoming confirmation candle
🎯 Potential Trade:
Entry: 0.6939
Stop Loss: 0.6569
Targets:
First Target: 0.7245
Second Target: 0.7518
Third Target: 0.7790
Fourth Target: 0.8163
📌 Partial entry is suitable now, and reinforcement after surpassing 0.7245 with higher volume.
I expect we are in a strong downtrend for all alternative currencies regardless of the currency
aseel_1
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No one should buy now as the decline continues. XRP is stable between 1.5-1.9
I wanted to talk about a strong currency with limited supply and a good project, SUI. To be honest, I haven't bought any yet. I need your input; anyone who knows more about it, please leave a comment to help me and everyone else. Thank you.