🚨 Quick Analysis of SUI – May 22, 2025 📊
Today I was reviewing $SUI and it is showing interesting signs.
📈 Current price: $3.94 USD
🔽 -0.75% in the last 24h
📊 Trading volume: $3.58 billion USD
📉 Intraday range: $3.82 – $4.18 USD
🔍 Technical analysis:
• RSI: 59.31, indicating a moderate bullish trend.
• MACD: 0.26, signaling positive momentum.
• Moving averages: Most point to a buy signal.
📌 Observations:
• SUI has shown a solid recovery from the support at $3.75 USD.
• If it breaks the resistance at $4.20 USD, it could aim for $5.30 USD.
🧠 My strategy:
I am closely monitoring the level of $4.20 USD. If there is a breakout with good volume, I might consider an entry. Meanwhile, I maintain a cautious position.
Are you following SUI too? Hold, trade, or out? 💬👇
