#Sui ($SUI ) Market Snapshot โ April 30, 2025
Sui (SUI) is emerging as a powerful Layer 1 chain built for speed and scalability, backed by Move programming language and strong institutional partnerships. With growing DeFi and GameFi activity, SUI is gaining tractionโbut traders should watch technical levels closely.
SUI Trading Signals โ (4H & Daily Charts)
Current Price: ~$1.31 (as of April 30, 2025)
Bullish Signals (Potential Long):
โข Support Zone: $1.24 โ recent strong bounce point
โข Breakout Zone: $1.38 โ breakout here could drive price to $1.48โ$1.50
โข RSI: Neutral at ~51 โ room to move upward
โข MACD: Bullish crossover forming on 4H
โข Trend: Price trying to reclaim 100 EMA on 4H
Bearish Signals (Risk Zones):
โข Resistance: $1.38 and $1.50
โข Breakdown Level: $1.24 โ break below here opens downside to $1.12
โข Volume: Consolidating โ needs volume confirmation for bullish breakout
Trade Idea:
โข Long Entry: $1.29โ1.31
โข Target 1: $1.38
โข Target 2: $1.48
โข Stop-loss: $1.22
โข Short Entry: Only if price breaks below $1.24
โข Target: $1.12
โข Stop-loss: $1.30
Bonus Tip: SUI often reacts well to GameFi trends and token incentive newsโwatch the ecosystem closely for narrative-driven moves.
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