SUI - New Wave On The Way? Cautious Strength Gathers SUI is currently stabilizing at $3.36 and technical indicators suggest a new move is imminent. Technical indicators: MA(7): $3.40 and MA(25): $3.35 - short-term moving averages are Consolidating. This is a classic indicator of strength gathering. MA(99): $3.19 - acts as a long-term support. Price remains stable above it. ·MACD: Upward crossover is forming, there is a positive divergence - can be considered as a buy signal.
·RSI(6): 49.2- in neutral zone, but breakout from oversold region has started. Potential for a resumption of the rise. · Volume: Quiet, but classic calm before an explosion is visible. Analysis and Scenarios: · Bullish scenario: If the price closes above $3.40, the first target may be $3.58, then $3.87 (previous peak). · Bearish scenario: If the price breaks below $3.19 MA(99), the first support is at $2.86. Conclusion: SUI is CONFINED in the $3.35-3.40 range. A breakout from this narrow zone could bring a strong impulse. Watch for the breakout and remember to manage your risk!
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