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07Sheri
--
Maxim S
ยท
--
Bullish
๐Ÿš€ SUI/USDT (1H): Vertical impulse โ€” pause before a new leap?

On the chart, the $SUI -hour timeframe shows explosive growth: the price has soared from 0.8412 to 1.0075 (+19%) with a breakout of all EMAs and a renewal of the local maximum. The volume of 62+ million confirms the strength of buyers โ€” the trend is clearly bullish. However, the oscillators are already overbought, which means the market is asking for a breather.

๐Ÿšจ Briefly on the indicators:

MACD (DIF > DEA, histogram is growing) โ€” the momentum is strengthening.

RSI 87 / RSI(6) 97 + StochRSI 100 โ€” extreme overbought conditions.

Trading plan (main scenario โ€” LONG after a pullback)

We expect a correction of 4โ€“8% to relieve the overheating and form a new entry point.

๐ŸŽฏ Targets:

1.0500 โ†’ +4 %

1.1000 โ†’ +9 %

1.1500 โ†’ +14 %

๐Ÿ“ Entry:

Aggressive โ€” consolidation above 1.0100 (continuation of the momentum).

Conservative โ€” pullback to the zone of 0.9800โ€“0.9900 or to EMA21 (~0.9310).

๐Ÿ›‘ Stop-loss:

0.9600 (risk ~4โ€“5 %).

Conclusion: the trend and volume support continued growth. Overbought conditions hint at a short pullback โ€” this may provide a better entry point for continuing the uptrend.

Trading ๐Ÿ‘‰$SUI
{future}(SUIUSDT)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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