Sui (SUI) is trading at $3.98, showing a modest increase of +2.31% over the past 24 hours. With its innovative Layer-1 architecture and rising adoption, SUI is capturing the attention of traders seeking potential gains.
Some Technical Analysis performed on SUI/USDT:
Support Level: $3.50
Resistance Level: $4.50
Trend: Bullish continuation pattern observed on the 4-hour chart
Indicators:
RSI: Currently at 65, indicating bullish momentum
MACD: Positive crossover, suggesting upward price movement
Suggested Strategy:
Entry Point: Consider entering near the support level of $3.50
Target Price: Aim for the resistance level at $4.50
Stop-Loss: Set a stop-loss at $3.20 to manage risk.
#SUI #SUIPricePrediction