Technical analysis by CryptoAnalystSignal about Symbol SUI: Sell recommendation (1/6/2026)

CryptoAnalystSignal
#SUI/USDT RSI Exhaustion and Bearish Pullback Setup

#SUI The price is moving in an ascending channel on the 1-hour timeframe. It has reached the upper limit and is heading towards breaking it. A retest of the upper limit is expected. We have an upward trend on the RSI indicator, which has reached near the upper limit. A downward reversal is expected. There is a key support zone in green at the 2.00 price level. The price has bounced from this level multiple times and is expected to bounce from it again. We have a trend of consolidation above the 100-period moving average, as we are moving close to it. This supports a downward move towards touching this level. Entry price: 1.96 First target: 1.95 Second target: 1.90 Third target: 1.84 Stop loss: Above the resistance zone in green. Don't forget a simple thing: money management. For inquiries, please leave a comment. Thank you.