📌SUI/USDT:

This chart shows a 1-hour timeframe where SUI is currently trading at 0.8881.

​📍Bollinger Bands (BOLL): The price is currently trading between the Lower Band (DN: 0.8676) and the Middle Band (MB: 0.9016). After a rejection at the local high of 0.9494, the price has dipped below the median line, indicating that short-term momentum has shifted to the downside.

​📍RSI (6): At 48.02, the RSI is in neutral territory with a slight bearish lean. It is trending downward from a recent peak, suggesting that the immediate buying pressure has evaporated and the market is searching for a new support floor.

​📍MACD: The MACD indicates a bearish trend with the DIF (-0.0045) sitting below the DEA (-0.0012). The histogram is producing solid red bars (MACD: -0.0033), confirming that downward momentum is currently active and increasing.

​📍Support/Resistance:

-​Resistance: 0.9016 (Middle Bollinger Band) and 0.9494 (Recent 24h High).

-​Support: 0.8676 (Lower Bollinger Band) and the recent local base at 0.8262.

​📍Recommendation

​🟢For Buyers (Entry Strategy)

-​Conservative: Wait for a reclaim of the 0.902 level (Middle Band) on a 1-hour close to confirm a trend reversal before entering.

-​Aggressive: Look for a scalp entry near the 0.867 support zone, targeting a quick bounce to the median, but keep a tight stop-loss just below the recent wick at 0.860.

​🔴For Sellers (Exit Strategy)

-​Short-Term Profit: Consider selling a portion near 0.935 – 0.945 if the price stages a relief rally, as the Upper Bollinger Band and 24h high will likely act as a ceiling.

-​Stop-Loss: Exit positions if the price breaks and holds below 0.865, as this could lead to a deeper retest of the 0.826 demand zone.