🚨 🔥🔥🔥
💡 Quick technical analysis:
✅ Explosive rise! After a long decline and forming a strong bottom at $1.7174, SUI surged powerfully towards a peak of $3.8121, achieving over 100% gains in a short period!
✅ RSI at 61.25 – indicates that the currency is still within a relatively healthy area, and has not yet entered the sharp overbought zone (above 70), which opens the door for further rises with some natural fluctuations.
✅ MACD is clearly positive! The upward crossover occurred strongly, and momentum is still active with the DIF and DEA lines moving away from each other, indicating continued buying dominance so far.
📊 Volume: Trading volumes increased significantly during the recent rise, indicating strong buyer entry, but signs of relative calm are beginning to appear, calling for caution against short-term corrections.
---
🚀 Expected scenario:
If SUI succeeds in holding above the area of $3.45 – $3.50, and regains buying momentum, we may witness rapid movements towards:
✅ $3.65 (testing the 24-hour peak)
✅ Then $3.80 (retesting the recent historical peak)
✅ If it breaks through, it may target $4.00 in the near term!
However, in the event of a deeper correction, the most important support is centered around:
✅ $3.20 – key short-term support.
✅ Then $2.99 – a strong and stable medium-term support.
---
🔥 Is SUI ready for a second upward round?!
With the beginning of momentum slowdown, any new liquidity entry or positive news could ignite a new rise towards strong psychological areas like $4.00. 🚀
📢 Share your opinion! Do you think SUI can break the recent peak and launch towards new highs soon?! Write your prediction! 👇
---
📌 Important tips:
🔹 Watch out for volatility: Volume has started to calm down, which may indicate temporary corrections before the next launch.
🔹 Risk management is very important – use a flexible stop loss below the support of $3.20 to protect capital.
---