$SUI 🚨🚨🧙♀️✅
• General trend: The price is showing bullish attempts with the nearby resistance level at $2.14, but momentum indicators look mixed.
• Technical analysis:
• StochRSI is in the overbought zone (above 70), which may mean that the price will see a correction soon.
• MACD is showing an improvement in positive momentum, but is still close to the zero line, indicating that volatility may continue.
• The price is currently close to the upper limit of the Bollinger Bands lines, which may indicate the possibility of a slight correction before continuing the rise.
• Suggested trade:
• Entry point (buy): If the price declines to the $2.11 level.
• Exit point (sell): At the $2.20 level to take profits.
• Stop loss: At the $2.05 level to reduce risks in case the trend reverses.
This analysis is based on a slight correction before continuing upward, so follow the price action at the suggested entry point to ensure the best entry opportunity.