📊 Brief Technical Analysis for the Currency (SUI) April 25, 2025
The SUI currency has recorded an increase of +13.1% over the past 24 hours, currently trading at $3.32 amidst ongoing buying momentum.
---
🔍 Key Technical Indicators:
RSI = 55.7: Has not yet entered the overbought area, supporting the continuation of the upward trend.
Bollinger Bands: The price is touching the upper limit of the range, supporting the upward trend with a potential correction soon.
MACD: Slight positive crossover, a signal for continued upward momentum.
KDJ and Stoch RSI: Still within a flexible range for upward movement, but nearing overbought conditions.
Trading volumes: Strong, confirming the credibility of the upward movement.
--------------
Technical Levels:
✅ Support: $3.20
❌ Resistance: $3.39 → Breaking it opens the door to $3.49 then $3.68
--------------
🎯 Trading Setup:
Entry: $3.26 ~ $3.30
Price Targets:
First target: $3.39
Second target: $3.49
Third target: $3.68
Stop Loss: Close below $3.10 on the 4-hour timeframe
--------------
📌 Final Assessment:
The trend is upward supported by stable momentum and positive indicators. It is preferable to monitor the first resistance and take gradual profits in case of a breakout.
#BinanceSquare #تحليل_فني #Altcoins #Write2Earn #Market_Update