$SUI Breakout Analysis đ„
$SUI is showing serious strength today Up +28% from the $0.81 low đ€ and currently trading at $1.0456. BTC is also supporting at $85.1k +5.65%so the whole l1 sector is pumping.
Chart Analysisđ
1H timeframe is in a strong uptrend but rsi is at 87.7 Highly overbought.
15m timeframe is cooling off with RSI at 68.8 and price rejecting from the upper Bollinger Band $1.0560
đ Chasing at the top is risky here.
Entry Zone đ $1.0380 $1.0250
Waiting for a retest healthy pullback
Target 1: $1.0566 Today High
Target 2: $1.0850
Target 3: $1.12 đ§
Stop Loss 15m close below $1.0130
For spot buying the dip is better than fomo for futures use tight SL and low leverage.NFA
If $BTC holds above $84,700 SUI will likely break ATH of today and push for $1.10
DYOR.
#sui #BTCè”°ćżćæ #crypto #trading #PiaaryAdil
$SUI is showing serious strength today Up +28% from the $0.81 low đ€ and currently trading at $1.0456. BTC is also supporting at $85.1k +5.65%so the whole l1 sector is pumping.
Chart Analysisđ
1H timeframe is in a strong uptrend but rsi is at 87.7 Highly overbought.
15m timeframe is cooling off with RSI at 68.8 and price rejecting from the upper Bollinger Band $1.0560
đ Chasing at the top is risky here.
Entry Zone đ $1.0380 $1.0250
Waiting for a retest healthy pullback
Target 1: $1.0566 Today High
Target 2: $1.0850
Target 3: $1.12 đ§
Stop Loss 15m close below $1.0130
For spot buying the dip is better than fomo for futures use tight SL and low leverage.NFA
If $BTC holds above $84,700 SUI will likely break ATH of today and push for $1.10
DYOR.
#sui #BTCè”°ćżćæ #crypto #trading #PiaaryAdil