Here’s a snapshot and trading insight for $SUI /USDT as of 2025-05-12:
📊 SUI/USDT Market Overview
MetricValueCurrent Price$4.201924h Change+6.36% (+$0.2513)24h High / Low$4.2477 / $3.8902Daily Candle Change+4.59% (Open: $4.0176 → Close: $4.2019)Amplitude7.26%24h Volume (SUI)72.83M24h Volume (USDT)$294.21M
📈 Technical Indicators
Moving AverageValueMA(7)3.8574MA(25)3.3094MA(99)2.8192
📌 Note: SUI is clearly in a strong uptrend, with price pushing above all major short-to-mid term MAs. The price is now ~26% above MA(25) and ~49% above MA(99), showing strong bullish momentum.
🧠 Trade Insight
Momentum Strength: Daily gains of over 6% backed by high trading volume ($294M) indicate strong buyer interest.
MA Structure: MA(7) > MA(25) > MA(99) – classic uptrend configuration.
Volatility Present: 7.26% daily amplitude shows active trading, with room for both breakout and pullback setups.
Psychological Zone: $4.25 is acting as current intraday resistance; clean breakout may aim for $4.50+.
🔧 Potential Trade Setup (Short-Term Swing)
Entry (Spot): Around $4.18–4.20 (on minor dip or consolidation)
Stop-Loss: Below $4.00 (under today’s low or support)
Target 1: $4.40 (near-term resistance)
Target 2: $4.60–4.80 (speculative continuation zone)
Target 3: $5.00 (psychological magnet if bullish momentum continues)
🛑 Caution
Overextension Risk: Price is quite extended above MA(25), so entering now requires tight risk management or waiting for a retest of ~$3.95–$4.00.
Profit-Taking Zone: $4.25–4.40 could see resistance; consider trimming or adjusting stop-loss accordingly.
Would you like me to chart this setup visually or run side-by-side analysis with another Layer 1 coin like SEI or APT?
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