$SUI
/USDT Technical Analysis💯🔥
Momentum: Strong bullish (price up 17.68%)
Support Levels: $4.80 and $4.50 (key levels where buyers are active).
Resistance Levels: $5.10 and $5.20 (where sellers may emerge).
Indicators:
RSI: Overbought (~70), indicating strong upward momentum but potential for a short-term pullback.
Moving Averages: Price trading above 50 EMA, confirming bullish trend.
Trade Signal:
Bias: Buy on dips near support at $5.00 or after breakout above $5.12 with confirmation.
Stop-Loss: $4.80 to manage downside risks.
Targets 🎯:
1. Target 1: $5.25
2. Target 2: $5.40
3. Target 3: $5.6
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