💧 sui/usdc – technical analysis nexusbull 🐂
analysis on time intervals:
4h: $SUI made a strong rebound from the support of 0.8415, surpassing the mb average (0.9202) and stabilizing at 0.9568. stochrsi at 55.29 indicates that the upward trend still has plenty of room to maneuver before becoming overheated.
1h: the price remains solid above ema(25) and ema(50). although stochrsi on 1h is very high (96.59), rsi(6) at 77.93 confirms a strong buying momentum that may continue.
15m: we see a "bullish" consolidation at the local peak of 0.9569, with the price testing the upper edge of the bollinger bands (0.9584). rsi(6) at 71.74 shows that the bulls are still very active.
trading setup:
entry: 0.9450 - 0.9550.
take profit (tp): 0.9800 (profit of approximately 2.5% - 3%).
stop loss (sl): 0.9150 (below the mb average on 4h).
💡 nexusbull profit philosophy 🐂
note tp: I recommend a tp of only 2-3% because a small realized gain is better than chasing price. precision brings results, not greed.
investment recommendation: minimum per transaction (ex: 5-10$), with a maximum of 100$ for beginners.
slogan: do not forget that "raindrops form the puddle"; discipline in small profits is the foundation of a solid portfolio.