🤖 AI Insight

Based on the given 15-minute technical analysis, SUIUSDT appears to be bearish.

Advise:

1. **No Long buy signal**: The price is below both EMA-7 and EMA-25. RSI (29) shows oversold conditions, but the overall trend is bearish.
2. **Best Long/Short entry price**: To capture a potential short-term bounce, consider entering a short position at the next resistance level, but since there is none close to current price, consider shorting at the 50% of the price between current price and the Support level at 2.1927. However, due to the weak conditions and bearish trend, this short position should have a tight risk management strategy and a close stop loss.
3. **Spot buy advice**: Do not consider buying SUIUSDT due to the current bearish trend and weak technical conditions. Instead, wait for stronger buy signals or a bounce to the EMA-25.
4. **Volume trend**: The decreasing volume trend indicates weaker market engagement and potentially less significant price movements in the short term.
5. **Wait for confirmation**: Keep an eye on the price action and wait for confirmation of a buying opportunity or any signals to close the short position when it reaches the resistance level, but at this point, it appears the short opportunity is higher risk due to potential for further bearish price movement.