$SUI - Current Price $2.23 📊

Critical Levels 🎯

🛑 Strong Resistance: $2.50 (Key breakout level)

⚡ Medium Resistance: $2.80 (Next target)

🛡️ Immediate Support: $2.00 (Psychological support)

🚨 Critical Support: $1.75 (Strong support zone)

Detailed Chart 📈

text

$3.00 ┤⠀⠀⠀⠀⠀⠀⠀⠀✨╭─╮

$2.80 ┤⠀⠀⠀⠀⠀⠀🚀╭────╯ ╰─ 🔴 R2

$2.50 ┤⠀⠀⠀⠀🎯╭─────╯────────── 🔴 R1

$2.23 ┤📊┬┬┬┬┬┬┬┬┬─●───────────────── 🟢 Current Price

$2.00 ┤⠀⠀🛡️╭────╯───────────────── 🟢 S1

$1.75 ┤🛑───╯─────────────────────── 🟢 S2

$1.50 ┤────────────────────────────

Detailed Outlook 🔮

📈 Bullish Scenario:

✅ Needs recovery above $2.50

🎯 Breakout target: First $2.80, then $3.20

⏰ Daily close above $2.50 confirms trend reversal

📉 Bearish Scenario:

⚠️ Loss of $2.00 signals continued decline

🎯 Next target: $1.75 support zone

🔻 Break below $1.75 could test $1.50

Technical Indicators 📊

📊 Volume: Monitor for accumulation patterns 📈

📟 RSI: Currently at 43 (showing weakness but not oversold) ⚖️

📉 Moving Averages: 50-EMA at $2.36 acting as resistance

Trading Advice 💡

⏳ Wait for clear reversal above $2.50 or breakdown below $2.00

🛡️ Use stop-loss at $1.95 for any long positions

💰 Consider scaling in near $2.00 support with tight risk management

Important Note ⚠️: Sui trading near crucial support zone. Watch for Layer-1 sector momentum and ecosystem growth metrics. Break above $2.50 needed for meaningful recovery. Current price action suggests consolidation phase. 🔍

#sui $SUI @Sui #TRYHARED @Tryhared

SUI
SUI
1.4156
-1.69%