🤖 AI Insight

Based on the 4h chart of SUIUSDT, I identify a bullish trend with a moderate downward correction. Here are my observations and recommendations:

* The EMA7 and EMA25 are trending upward, indicating a bullish momentum.
* The RSI14 is oversold, which might suggest a potential bounce.
* The MACD is still in the bullish zone and showing a slight uptick.
* Resistance stands at 3.1589, which is a significant level to watch.
* Support stands at 2.2937, which is a key level to keep an eye on.

For a Long/Short entry:

* I recommend taking a long trade if the price rebounds off the support level (2.2937) and aims to break the EMA25 (2.7652). A good entry price could be around 2.55-2.60, with a stop-loss below the recent low (2.40) and a target at the resistance level (3.1589).
* Alternatively, if the price continues its downward trend, you could consider a short trade with an entry price around 2.45-2.40, with a stop-loss above the recent high (2.70) and a target at the support level (2.2937).

For a spot buy:

* If you are looking to buy, I would recommend doing so when the price breaks above the EMA25 (2.7652) with a clear bullish confirmation. A good spot buy price could be around 2.85-2.90, considering the short-term momentum and the potential for a bullish trend resumption. However, keep in mind the decreasing volume trend, which might indicate a potential consolidation or pullback.

Please note that these are general recommendations and should not be taken as personalized advice. It's always important to consider market conditions, risk management, and your individual trading strategy before entering any trade.