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Arb will soon of break resistance ?
Arbitrum (ARB) is currently trading around $0.53 to $0.55, showing some consolidation over the past week with low volatility. It has encountered resistance at $0.62, and unless there is a strong influx of buyers, it might struggle to break past this level in the short term.
The current trend for $ARB suggests that it could be forming a bullish ascending triangle pattern, which often signals upward movement. However, the technical indicators like the RSI are still leaning bearish, suggesting sellers maintain some control .
In terms of larger market activity, DeFi participation on the Arbitrum network has dropped considerably, which may affect ARBâs growth potential. The number of whale transactions has also declined, further indicating that major market movers are cautious at the moment .
For those looking to buy, a dip near $0.48 could offer a better entry point, especially if ARB continues to show weakness. However, if it manages to break above the $0.62 resistance with volume, it could potentially initiate a more sustained upward move.$ARB
The current trend for $ARB suggests that it could be forming a bullish ascending triangle pattern, which often signals upward movement. However, the technical indicators like the RSI are still leaning bearish, suggesting sellers maintain some control .
In terms of larger market activity, DeFi participation on the Arbitrum network has dropped considerably, which may affect ARBâs growth potential. The number of whale transactions has also declined, further indicating that major market movers are cautious at the moment .
For those looking to buy, a dip near $0.48 could offer a better entry point, especially if ARB continues to show weakness. However, if it manages to break above the $0.62 resistance with volume, it could potentially initiate a more sustained upward move.$ARB
Near protocol will surge and its the right time to buy
$NEAR
As of October 2024, NEAR Protocol (NEAR) is trading at $4.71, marking a 5.51% drop in the past 24 hours. NEAR has seen significant price swings over the year, experiencing a 351.95% growth at one point, but still down 76.9% from its all-time high of $20.44 in January 2022. NEAR currently has a circulating supply of about 1.1 billion tokens and a market cap of approximately $5.2 billion, placing it in the top 25 cryptocurrencies by market capitalization.
$NEAR
NEAR has a robust platform focusing on scalability and usability, especially for decentralized applications (dApps). This strength in technical fundamentals has driven periodic price spikes, such as a notable 31% surge in September 2024 as bulls eyed a key psychological resistance level at $6. These types of rallies indicate NEARâs potential for further upward movement, especially when broader market conditions or new protocol developments align favorably.
$NEAR Nightshade 2.0 launch and continued innovation in its ecosystem have contributed to recent price stability and growth. However, the price volatility that has characterized NEARâs history suggests that it is important to monitor key levels and market sentiment before making any moves.
When to Buy:
Considering its current level around $4.71, NEAR appears to be trading at a discount relative to its historical highs. For those looking for an entry, this range could be appealing, but it is essential to watch for dips around $4.50 and potential breakouts above the $5 mark, as this could signal renewed upward momentum.
Keep in mind that NEAR is still in a highly volatile sector, and market conditions could influence its price. As always, entering at support levels with a long-term perspective might yield the best results. If NEAR continues its positive development trajectory, it could retest the $6 range or higher in future bullish cycles .
As of October 2024, NEAR Protocol (NEAR) is trading at $4.71, marking a 5.51% drop in the past 24 hours. NEAR has seen significant price swings over the year, experiencing a 351.95% growth at one point, but still down 76.9% from its all-time high of $20.44 in January 2022. NEAR currently has a circulating supply of about 1.1 billion tokens and a market cap of approximately $5.2 billion, placing it in the top 25 cryptocurrencies by market capitalization.
$NEAR
NEAR has a robust platform focusing on scalability and usability, especially for decentralized applications (dApps). This strength in technical fundamentals has driven periodic price spikes, such as a notable 31% surge in September 2024 as bulls eyed a key psychological resistance level at $6. These types of rallies indicate NEARâs potential for further upward movement, especially when broader market conditions or new protocol developments align favorably.
$NEAR Nightshade 2.0 launch and continued innovation in its ecosystem have contributed to recent price stability and growth. However, the price volatility that has characterized NEARâs history suggests that it is important to monitor key levels and market sentiment before making any moves.
When to Buy:
Considering its current level around $4.71, NEAR appears to be trading at a discount relative to its historical highs. For those looking for an entry, this range could be appealing, but it is essential to watch for dips around $4.50 and potential breakouts above the $5 mark, as this could signal renewed upward momentum.
Keep in mind that NEAR is still in a highly volatile sector, and market conditions could influence its price. As always, entering at support levels with a long-term perspective might yield the best results. If NEAR continues its positive development trajectory, it could retest the $6 range or higher in future bullish cycles .
$NEAR
As of October 2024, NEAR Protocol (NEAR) is trading at $4.71, marking a 5.51% drop in the past 24 hours. NEAR has seen significant price swings over the year, experiencing a 351.95% growth at one point, but still down 76.9% from its all-time high of $20.44 in January 2022. NEAR currently has a circulating supply of about 1.1 billion tokens and a market cap of approximately $5.2 billion, placing it in the top 25 cryptocurrencies by market capitalization.$NEAR
NEAR has a robust platform focusing on scalability and usability, especially for decentralized applications (dApps). This strength in technical fundamentals has driven periodic price spikes, such as a notable 31% surge in September 2024 as bulls eyed a key psychological resistance level at $6. These types of rallies indicate NEARâs potential for further upward movement, especially when broader market conditions or new protocol developments align favorably.
NEARâs Nightshade 2.0 launch and continued innovation in its ecosystem have contributed to recent price stability and growth. However, the price volatility that has characterized NEARâs history suggests that it is important to monitor key levels and market sentiment before making any moves.
When to Buy:
Considering its current level around $4.71, NEAR appears to be trading at a discount relative to its historical highs. For those looking for an entry, this range could be appealing, but it is essential to watch for dips around $4.50 and potential breakouts above the $5 mark, as this could signal renewed upward momentum.
Keep in mind that NEAR is still in a highly volatile sector, and market conditions could influence its price. As always, entering at support levels with a long-term perspective might yield the best results. If NEAR continues its positive development trajectory, it could retest the $6 range or higher in future bullish cycles ïżŒ ïżŒ.$NEAR
As of October 2024, NEAR Protocol (NEAR) is trading at $4.71, marking a 5.51% drop in the past 24 hours. NEAR has seen significant price swings over the year, experiencing a 351.95% growth at one point, but still down 76.9% from its all-time high of $20.44 in January 2022. NEAR currently has a circulating supply of about 1.1 billion tokens and a market cap of approximately $5.2 billion, placing it in the top 25 cryptocurrencies by market capitalization.$NEAR
NEAR has a robust platform focusing on scalability and usability, especially for decentralized applications (dApps). This strength in technical fundamentals has driven periodic price spikes, such as a notable 31% surge in September 2024 as bulls eyed a key psychological resistance level at $6. These types of rallies indicate NEARâs potential for further upward movement, especially when broader market conditions or new protocol developments align favorably.
NEARâs Nightshade 2.0 launch and continued innovation in its ecosystem have contributed to recent price stability and growth. However, the price volatility that has characterized NEARâs history suggests that it is important to monitor key levels and market sentiment before making any moves.
When to Buy:
Considering its current level around $4.71, NEAR appears to be trading at a discount relative to its historical highs. For those looking for an entry, this range could be appealing, but it is essential to watch for dips around $4.50 and potential breakouts above the $5 mark, as this could signal renewed upward momentum.
Keep in mind that NEAR is still in a highly volatile sector, and market conditions could influence its price. As always, entering at support levels with a long-term perspective might yield the best results. If NEAR continues its positive development trajectory, it could retest the $6 range or higher in future bullish cycles ïżŒ ïżŒ.$NEAR
$SOL As of today, Solana (SOL) is priced at approximately $140.31. The price has dropped by around 2.15% in the last 24 hours but has shown a strong increase of 7.83% over the past month ïżŒ ïżŒ.
When to Buy Solana:
Here are a few strategies for buying SOL:
1. Support Levels: Historically, Solana has shown support around the $130 to $140 range. If youâre aiming for short-term trades, buying near the $130 mark may offer good value, with potential for upward movement in the next few weeks.
2. Dollar-Cost Averaging (DCA): If youâre uncertain about timing the market, DCA is a safe strategy. This involves buying Solana regularly (e.g., weekly or monthly), which averages out your purchase price over time and reduces the risk of volatility.
3. Monitor Technical Indicators: Keep an eye on key indicators such as the RSI and Moving Averages. If the RSI dips below 30, it indicates the asset might be oversold, presenting a potential buying opportunity.
Short-Term Outlook:
If youâre trading Solana in the short term, analysts predict that the price may test $152 to $155 levels, which could serve as a good target for profit-taking if you manage to enter near the support ïżŒ.
Long-Term Prospects:
For long-term investors, Solana has seen strong growth, particularly with its expanding ecosystem of decentralized applications (dApps), low transaction fees, and scalability. Buying around $130 to $140 could be a solid entry point if youâre betting on the blockchainâs long-term potential ïżŒ.
Always remember to assess your risk tolerance and strategy before making any financial decisions.
Conclusion
Solana over the year or the next will hit 1000$ i may assume today its a perfect day to buy and hold
#Solana_Blockchain
$SOL
When to Buy Solana:
Here are a few strategies for buying SOL:
1. Support Levels: Historically, Solana has shown support around the $130 to $140 range. If youâre aiming for short-term trades, buying near the $130 mark may offer good value, with potential for upward movement in the next few weeks.
2. Dollar-Cost Averaging (DCA): If youâre uncertain about timing the market, DCA is a safe strategy. This involves buying Solana regularly (e.g., weekly or monthly), which averages out your purchase price over time and reduces the risk of volatility.
3. Monitor Technical Indicators: Keep an eye on key indicators such as the RSI and Moving Averages. If the RSI dips below 30, it indicates the asset might be oversold, presenting a potential buying opportunity.
Short-Term Outlook:
If youâre trading Solana in the short term, analysts predict that the price may test $152 to $155 levels, which could serve as a good target for profit-taking if you manage to enter near the support ïżŒ.
Long-Term Prospects:
For long-term investors, Solana has seen strong growth, particularly with its expanding ecosystem of decentralized applications (dApps), low transaction fees, and scalability. Buying around $130 to $140 could be a solid entry point if youâre betting on the blockchainâs long-term potential ïżŒ.
Always remember to assess your risk tolerance and strategy before making any financial decisions.
Conclusion
Solana over the year or the next will hit 1000$ i may assume today its a perfect day to buy and hold
#Solana_Blockchain
$SOL
Pepe should you buy now?
$PEPE Coinâs recent performance has been a mix of ups and downs, making it a speculative investment at this time. Currently, Pepe is priced around $0.00000932, with a somewhat bearish trend, driven by market factors such as Bitcoinâs momentum. However, it has broken key resistance levels at $0.000010, a psychological price point for traders. If it can hold above this level and Bitcoin continues its upward movement, there could be potential for Pepe to climb to $0.000012 or beyond in the short term .
Looking at projections for the rest of 2024, the price of Pepe could vary between $0.0000068 and $0.000012, depending on broader market conditions . If youâre looking to buy, a good entry point might be around $0.00000846, which is the immediate support level. However, if Pepe fails to gain traction, the price could dip as low as $0.00000715 .
Meme coins like Pepe are driven heavily by community sentiment, so a major event, listing, or surge in interest could trigger a sudden rally. If youâre willing to take on the risk, entering the market when the price hovers around support levels could present an opportunity to ride a potential bullish wave, but be cautious of volatility.$PEPE
Looking at projections for the rest of 2024, the price of Pepe could vary between $0.0000068 and $0.000012, depending on broader market conditions . If youâre looking to buy, a good entry point might be around $0.00000846, which is the immediate support level. However, if Pepe fails to gain traction, the price could dip as low as $0.00000715 .
Meme coins like Pepe are driven heavily by community sentiment, so a major event, listing, or surge in interest could trigger a sudden rally. If youâre willing to take on the risk, entering the market when the price hovers around support levels could present an opportunity to ride a potential bullish wave, but be cautious of volatility.$PEPE
$ETH
Over the last 24 hours, ETH has been relatively stable, with minor fluctuations. Although Ethereumâs price has decreased slightly (around -0.18% over 24 hours), it still shows a healthy monthly growth of over 6%. Over the past year, Ethereum has seen a notable increase, up by over 54%.
Technical Analysis:
1. Support and Resistance Levels: Ethereum is currently holding just above the $2,400 level, with immediate resistance around $2,450. Breaking this resistance could push it further toward $2,500. Conversely, a drop below $2,400 could see it test support at $2,350.
2. Market Sentiment: On short-term technical indicators, oscillators are largely neutral. Moving averages also reflect neutral sentiment, suggesting some indecision among traders about whether to push higher or correct further.
3. Volume: Trading volume has remained relatively stable, indicating that traders are still active, but there is no overwhelming push in either direction.
Best Entry Point:
A good entry point could be when Ethereum retests the $2,400 support zone. If it bounces off this level with strong buying momentum, it could be a good sign for an upward movement. For a more aggressive trade, you could also consider entering when it breaks the resistance at $2,450, indicating stronger bullish momentum ïżŒ ïżŒ.
$ETH
Over the last 24 hours, ETH has been relatively stable, with minor fluctuations. Although Ethereumâs price has decreased slightly (around -0.18% over 24 hours), it still shows a healthy monthly growth of over 6%. Over the past year, Ethereum has seen a notable increase, up by over 54%.
Technical Analysis:
1. Support and Resistance Levels: Ethereum is currently holding just above the $2,400 level, with immediate resistance around $2,450. Breaking this resistance could push it further toward $2,500. Conversely, a drop below $2,400 could see it test support at $2,350.
2. Market Sentiment: On short-term technical indicators, oscillators are largely neutral. Moving averages also reflect neutral sentiment, suggesting some indecision among traders about whether to push higher or correct further.
3. Volume: Trading volume has remained relatively stable, indicating that traders are still active, but there is no overwhelming push in either direction.
Best Entry Point:
A good entry point could be when Ethereum retests the $2,400 support zone. If it bounces off this level with strong buying momentum, it could be a good sign for an upward movement. For a more aggressive trade, you could also consider entering when it breaks the resistance at $2,450, indicating stronger bullish momentum ïżŒ ïżŒ.
$ETH
Should you buy XRP?
#XRPPredictions The decision to buy $XRP
depends on your risk tolerance and market outlook. Right now, the price is in a consolidation phase, meaning itâs stuck between support (around $0.50) and resistance (around $0.69). This range-bound activity is typical when markets are waiting for a big eventâlike the ongoing SEC case, which has been a huge factor in XRPâs price movement.
If youâre thinking of buying:
âą Short-term traders might wait for a dip closer to the $0.50-$0.52 range before entering a position, betting on a bounce from support.
âą Long-term investors might consider buying now, especially if they believe in the potential outcome of the SEC case and Rippleâs long-term use case in cross-border payments.
As for the SEC case, itâs critical. If Ripple wins, itâs widely expected that XRP will see a significant price surge. Hereâs why:
1. Regulatory Clarity: A favorable ruling for Ripple could remove a cloud of uncertainty hanging over XRP in the U.S. This could lead to renewed investor confidence and an influx of institutional investment, which has been hesitant due to the legal ambiguity.
2. Broader Exchange Relisting: Many U.S.-based exchanges delisted XRP when the lawsuit was announced. A win could lead to XRP being relisted on major exchanges like Coinbase, opening up liquidity and accessibility for U.S. traders and institutions.
3. Market Sentiment: Crypto markets often react to major news with surges in prices due to FOMO (fear of missing out). If Ripple wins, you can expect traders and investors to jump in quickly, driving the price up in a short span of time.
4. Partnerships and Adoption: Ripple has strong partnerships, particularly with banks and financial institutions. A victory would likely reignite these partnerships and bring new ones. This could fuel a longer-term uptrend.
In this scenario, the price could easily break through resistance at $0.69 and target previous highs like $1 and beyond.
However, if Ripple loses the case, thereâs a risk of further sell-offs, especially if XRP faces stricter regulatory constraints in the U.S. It could lead to another round of delisting, reducing liquidity and causing a drop in price.
In summary, buying now means betting on Ripple winning the case, which could lead to significant gains. If you prefer to reduce risk, you could wait for more clarity on the legal outcome. But be aware that if Ripple wins, the price could surge quickly, limiting the opportunity to buy at lower levels.
#Xrpđ„đ„ $XRP
depends on your risk tolerance and market outlook. Right now, the price is in a consolidation phase, meaning itâs stuck between support (around $0.50) and resistance (around $0.69). This range-bound activity is typical when markets are waiting for a big eventâlike the ongoing SEC case, which has been a huge factor in XRPâs price movement.
If youâre thinking of buying:
âą Short-term traders might wait for a dip closer to the $0.50-$0.52 range before entering a position, betting on a bounce from support.
âą Long-term investors might consider buying now, especially if they believe in the potential outcome of the SEC case and Rippleâs long-term use case in cross-border payments.
As for the SEC case, itâs critical. If Ripple wins, itâs widely expected that XRP will see a significant price surge. Hereâs why:
1. Regulatory Clarity: A favorable ruling for Ripple could remove a cloud of uncertainty hanging over XRP in the U.S. This could lead to renewed investor confidence and an influx of institutional investment, which has been hesitant due to the legal ambiguity.
2. Broader Exchange Relisting: Many U.S.-based exchanges delisted XRP when the lawsuit was announced. A win could lead to XRP being relisted on major exchanges like Coinbase, opening up liquidity and accessibility for U.S. traders and institutions.
3. Market Sentiment: Crypto markets often react to major news with surges in prices due to FOMO (fear of missing out). If Ripple wins, you can expect traders and investors to jump in quickly, driving the price up in a short span of time.
4. Partnerships and Adoption: Ripple has strong partnerships, particularly with banks and financial institutions. A victory would likely reignite these partnerships and bring new ones. This could fuel a longer-term uptrend.
In this scenario, the price could easily break through resistance at $0.69 and target previous highs like $1 and beyond.
However, if Ripple loses the case, thereâs a risk of further sell-offs, especially if XRP faces stricter regulatory constraints in the U.S. It could lead to another round of delisting, reducing liquidity and causing a drop in price.
In summary, buying now means betting on Ripple winning the case, which could lead to significant gains. If you prefer to reduce risk, you could wait for more clarity on the legal outcome. But be aware that if Ripple wins, the price could surge quickly, limiting the opportunity to buy at lower levels.
#Xrpđ„đ„ $XRP
when to buy sui?
Whenâs the Best Time to Buy $SUI If youâre looking to get into $SUI timing your buy is key, especially with cryptoâs volatility. $SUI is currently trading around $1.9886, after dropping from a recent high of $2.1680. So, should you buy now or wait?SUI2.0037-3.63%Key Levels to Watch1. Support LevelsâIs It a Good Buy Now? âą $1.9758: This is the 7-day moving average (MA), which could act as short-term support. If the price holds above this level and shows strength, it could be a decent entry point. âą $1.9022: This is a recent low. If the price dips closer to this level and bounces back, it might offer a safer buying opportunity.2. Waiting for a Breakout âą $2.0281: This is the 25-day moving average and currently acting as resistance. If the price breaks above this with strong volume, it could signal bullish momentum. In that case, a buy at around $2.05 could be a safer bet.3. Buying the Dip âą $1.8647: This is the 99-day moving average. If the price continues to fall and approaches this level, it might provide a stronger support zone, giving you a more conservative buy opportunity.Strategy Options âą Aggressive Strategy: If youâre comfortable with short-term volatility, buying near $1.9758 could work. Just be cautious and set a stop-loss below $1.90 in case the price drops further. âą Conservative Strategy: If youâd rather wait for clearer signals, consider buying after a breakout above $2.0281 or wait for the price to dip closer to $1.90-$1.86. Both strategies give you a bit more confirmation of where the market is headed.ConclusionThe best time to buy depends on your risk tolerance. If youâre okay with some risk, you could buy now near $1.9758 and see if the price rebounds. If you prefer more certainty, wait for a break above $2.0281 or for the price to drop to $1.86-$1.90. Either way, manage your risk with stop-losses to protect your investment.
#SUIđ„
#SUIđ„
$APT
Looking at the APT/USDT chart on the 1-hour timeframe, there are some key indicators to focus on.
First, the price is currently $9.46, up 5.46% over the last 24 hours. The price hit a recent high of $9.56 but has since consolidated slightly. The support level appears around $9.20, with a previous low near $8.43. The chart shows a steady upward trend with consistent higher lows and higher highs, indicating bullish momentum.
Moving averages give us more insight. The MA(7) is at $9.38, the MA(25) at $9.11, and the MA(99) at $8.90. The shorter moving averages (MA(7) and MA(25)) being above the MA(99) suggests a continuation of bullish sentiment. If the price retraces toward the MA(7) or MA(25) without breaking below, this could present a strong entry point.
.
Given the overall uptrend, a good entry point would be on a slight pullback toward the $9.20-$9.30 range, ideally close to the MA(7) line. This provides a lower risk-to-reward ratio while staying within the current bullish trend. Set a stop-loss just below $9.11 (MA(25)) or $8.90 (MA(99)) to limit downside risk. Keep an eye on resistance near $9.56, which if broken could lead to further gains.
For a safer trade, wait for confirmation that the price can hold above $9.20 before entering. The trend is your friend, so donât go against the momentum unless key supports break.
$APT #AptosToTheMoon
Looking at the APT/USDT chart on the 1-hour timeframe, there are some key indicators to focus on.
First, the price is currently $9.46, up 5.46% over the last 24 hours. The price hit a recent high of $9.56 but has since consolidated slightly. The support level appears around $9.20, with a previous low near $8.43. The chart shows a steady upward trend with consistent higher lows and higher highs, indicating bullish momentum.
Moving averages give us more insight. The MA(7) is at $9.38, the MA(25) at $9.11, and the MA(99) at $8.90. The shorter moving averages (MA(7) and MA(25)) being above the MA(99) suggests a continuation of bullish sentiment. If the price retraces toward the MA(7) or MA(25) without breaking below, this could present a strong entry point.
.
Given the overall uptrend, a good entry point would be on a slight pullback toward the $9.20-$9.30 range, ideally close to the MA(7) line. This provides a lower risk-to-reward ratio while staying within the current bullish trend. Set a stop-loss just below $9.11 (MA(25)) or $8.90 (MA(99)) to limit downside risk. Keep an eye on resistance near $9.56, which if broken could lead to further gains.
For a safer trade, wait for confirmation that the price can hold above $9.20 before entering. The trend is your friend, so donât go against the momentum unless key supports break.
$APT #AptosToTheMoon
Whenâs the Best Time to Buy SUI?
If youâre looking to get into $SUI timing your buy is key, especially with cryptoâs volatility. $SUI is currently trading around $1.9886, after dropping from a recent high of $2.1680. So, should you buy now or wait?
Key Levels to Watch
1. Support LevelsâIs It a Good Buy Now?
âą $1.9758: This is the 7-day moving average (MA), which could act as short-term support. If the price holds above this level and shows strength, it could be a decent entry point.
âą $1.9022: This is a recent low. If the price dips closer to this level and bounces back, it might offer a safer buying opportunity.
2. Waiting for a Breakout
âą $2.0281: This is the 25-day moving average and currently acting as resistance. If the price breaks above this with strong volume, it could signal bullish momentum. In that case, a buy at around $2.05 could be a safer bet.
3. Buying the Dip
âą $1.8647: This is the 99-day moving average. If the price continues to fall and approaches this level, it might provide a stronger support zone, giving you a more conservative buy opportunity.
Strategy Options
âą Aggressive Strategy: If youâre comfortable with short-term volatility, buying near $1.9758 could work. Just be cautious and set a stop-loss below $1.90 in case the price drops further.
âą Conservative Strategy: If youâd rather wait for clearer signals, consider buying after a breakout above $2.0281 or wait for the price to dip closer to $1.90-$1.86. Both strategies give you a bit more confirmation of where the market is headed.
Conclusion
The best time to buy depends on your risk tolerance. If youâre okay with some risk, you could buy now near $1.9758 and see if the price rebounds. If you prefer more certainty, wait for a break above $2.0281 or for the price to drop to $1.86-$1.90. Either way, manage your risk with stop-losses to protect your investment.
#SUIđ„ $SUI
If youâre looking to get into $SUI timing your buy is key, especially with cryptoâs volatility. $SUI is currently trading around $1.9886, after dropping from a recent high of $2.1680. So, should you buy now or wait?
Key Levels to Watch
1. Support LevelsâIs It a Good Buy Now?
âą $1.9758: This is the 7-day moving average (MA), which could act as short-term support. If the price holds above this level and shows strength, it could be a decent entry point.
âą $1.9022: This is a recent low. If the price dips closer to this level and bounces back, it might offer a safer buying opportunity.
2. Waiting for a Breakout
âą $2.0281: This is the 25-day moving average and currently acting as resistance. If the price breaks above this with strong volume, it could signal bullish momentum. In that case, a buy at around $2.05 could be a safer bet.
3. Buying the Dip
âą $1.8647: This is the 99-day moving average. If the price continues to fall and approaches this level, it might provide a stronger support zone, giving you a more conservative buy opportunity.
Strategy Options
âą Aggressive Strategy: If youâre comfortable with short-term volatility, buying near $1.9758 could work. Just be cautious and set a stop-loss below $1.90 in case the price drops further.
âą Conservative Strategy: If youâd rather wait for clearer signals, consider buying after a breakout above $2.0281 or wait for the price to dip closer to $1.90-$1.86. Both strategies give you a bit more confirmation of where the market is headed.
Conclusion
The best time to buy depends on your risk tolerance. If youâre okay with some risk, you could buy now near $1.9758 and see if the price rebounds. If you prefer more certainty, wait for a break above $2.0281 or for the price to drop to $1.86-$1.90. Either way, manage your risk with stop-losses to protect your investment.
#SUIđ„ $SUI
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