$SUI Trading Analysis

As of May 4, 2025, the latest price of Sui (SUI)/USDT is $3.21, with a daily high of $3.41 and a low of $3.16, down approximately 5.03% from the previous trading day.

📊 Technical Analysis Overview

Trend Status: SUI is currently in an upward trend, with prices oscillating near key support levels, indicating market uncertainty.

Relative Strength Index (RSI): The current RSI value is close to 70, suggesting that the market is in the overbought territory and may face short-term pullback pressure.

Exponential Moving Average (EMA): No clear trend signal has formed yet between the short-term EMA and long-term EMA; further observation of the price interaction with the EMA is needed.

🔍 Key Support and Resistance Levels

Support Level:

$3.27: A key support level; if broken, it may further drop to $3.00.

Resistance Level:

$3.51: The resistance level above the current price; if broken, it may test $3.95.

💡 Trading Suggestions

Short-term Traders: It is recommended to look for buying opportunities when the price approaches $3.27, with a target set at $3.51 and a stop-loss below $3.00.

Medium-term Investors: If the price breaks through $3.51 and stabilizes, consider increasing positions, with a target set at $3.95 and a stop-loss below $3.27.