$SUI
[Technical Analysis] SUI/USDT – April 30, 2025
Current Price: 3.5407 USDT
24h Change: -0.62%
24h High / Low: 3.6172 / 3.4199 USDT
24h Volume: SUI: 58.20M | USDT: 206.68M
Trend: Sideways/Consolidation
SUI has been trading in a tight range between 3.42 and 3.61 USDT, reflecting consolidation after recent bullish momentum. The high volume in USDT suggests active participation, but price action indicates indecision.
Key Support & Resistance Levels:
Support Zones: 3.5000 / 3.4200
Resistance Zones: 3.6000 / 3.7500
Technical Indicators:
RSI: Neutral, hovering around mid-level
MACD: Slight bearish crossover, momentum weakening
Order Book Depth: Suggests supply building up near 3.61, resistance ahead
🎯 Target Zones to Watch:
Target 1: 3.6000 USDT – Immediate resistance; break above could trigger bullish momentum.
Target 2: 3.7500 USDT – Next major resistance; aligns with Fibonacci 1.618 extension.
Target 3: 4.0000 USDT – Psychological level; breakout here would confirm a strong uptrend.
Conclusion:
SUI is in consolidation mode. Watch for a breakout above 3.60 for bullish confirmation. Failure to hold 3.50 could lead to retests of 3.42 or lower. Traders may consider range trading until a clear breakout.