_$SUI/USDT Collapse Alert_
_Key Highlights:_
1. $SUI plunges 5.57% to $1.9820 USDT.
2. 24-hour low: $1.9666 USDT.
3. Failed to hold above $2.0336 USDT.
_Next Key Levels:_
1. Support: $1.9666 USDT (immediate).
2. Resistance: $2.0124 USDT (short-term).
3. Critical Support: $1.9000 USDT (medium-term).
_Trading Strategies:_
1. Short positions below $1.9666 USDT.
2. Long positions above $2.0124 USDT.
3. Scalping opportunities.
4. Monitor for potential bounce-back.
_Risk Management:_
1. Set stop-loss below $1.9000 USDT.
2. Adjust position sizing.
3. Monitor volume and market sentiment.
_Market Sentiment:_
1. Bearish momentum.
2. Increased trading volume.
3. Negative investor sentiment.
_Technical Analysis:_
1. RSI (14): 38.59 (oversold).
2. MACD (12, 26): Bearish crossover.
3. Moving Averages: 50-day MA at $2.143, 200-day MA at $2.051.
_Possible Scenarios:_
1. Further drop to $1.9000 USDT.
2. Short-term recovery to $2.0124 USDT.
3. Consolidation around $1.9666 USDT.
Are you:
1. Short on $SUI?
2. Considering buying $SUI?
3. Waiting for further confirmation?
4. Seeking more technical analysis?
5. Other (please specify).
Please respond with one of the above numbers.
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