š *SUI Price Prediction & Trade Setup* š
Stock market information for Sui (SUI)
- Sui is a crypto in the CRYPTO market.
- The price is 3.72 USD currently with a change of 0.28 USD (0.08%) from the previous close.
- The intraday high is 3.72 USD and the intraday low is 3.44 USD.
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š *Current Market Snapshot*
- *Price*: 3.72
- *24h Change*: +8.14
- *Intraday High/Low*:3.72 / 3.44
ā
š *Technical Analysis*
- *Support Levels*:
-3.50 (recently breached)
- 3.00 (200-day EMA support)
- *Resistance Levels*:
-3.80 (short-term target)
- 4.56 (upper price target)
- *Indicators*:
- *RSI*: Currently at 72.56, indicating overbought conditions.
- *MACD*: Bullish crossover observed, suggesting upward momentum.
- *Bollinger Bands*: Widening, indicating increased volatility.
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š® *Price Predictions*
- *Short-Term (2025)*:
- *Average*:5.22
- *High*: 5.36
- *Low*:2.19
- *Long-Term (2026-2030)*:
- *2026*: Average 6.14, High6.27
- *2030*: Average 12.65, High13.39
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š” *Trade Setup Signal*
Given the current technical indicators and market sentiment:
- *Entry Point*: Consider entering if the price holds above the 3.50 support level, confirming a bullish breakout.
- *Stop-Loss*: Set around3.00 to manage potential downside risk.
- *Take-Profit Targets*
- *Short-Term*: 3.80
- *Mid-Term*:4.56
- *Long-Term*: $5.36
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š§ *Final Thoughts*
SUI is showing promising signs with bullish technical indicators and positive market sentiment. However, the overbought RSI suggests caution for short-term traders. Long-term investors might find this an opportune moment to consider entry, keeping an eye on the support and resistance levels.
*Note: Cryptocurrency markets are highly volatile. Always conduct thorough research and consider risk factors before making investment decisions.*
