SUI Price Analysis: Is Now the Time to Buy?
SUI is currently trading around $3.54, showing a slight dip of -0.01%. The 15-minute chart reveals a recent bounce from a local low of $3.5062, with resistance forming around $3.60. Volatility is present but not extreme—suggesting a market in wait-and-see mode.
The RSI levels are telling:
• RSI(6) is 51.83,
• RSI(12) is 48.59,
• RSI(24) is 48.85.
These indicators sit near the neutral zone, suggesting that SUI isn’t overbought or oversold—yet it’s tilting slightly toward bullish territory.
Why it matters: With a healthy 24h volume (198M USDT) and price hovering close to support, SUI could be building momentum for a short-term breakout—especially if it breaks and holds above $3.60.
Bottom Line:
This might be a smart entry point for short-term traders watching for a breakout. For long-term holders, the current consolidation offers a calm before the storm. As always, set your stop-loss, and don’t chase—let the chart guide you.
