💡 Quick technical analysis:
✅ Stability above support! After retreating to the level of $3.1857, the price rebounded to currently settle at $3.2825, indicating buyers' commitment to a strong support area.
✅ The indicators are positive!
RSI at 58.89: still below the overbought area, giving the price room to rise before facing selling pressure.
MACD shows a positive crossover: with momentum shifting towards positivity, an early signal of a potential upward push.
DIF is above DEA: which enhances confidence in the continuation of positive momentum.
Convergence of stochastic lines (K, D, J): may indicate an imminent strong move.
✅ Significant trading volume supports the current movement, with stability above strong moving averages like MA(5) and MA(10).
$SUI
🚀 Expected scenario:
If the resistance level at $3.2950 is breached, we may see a retest of the previous peak at $3.3649, followed by the area of $3.40.
In case of a downturn, the pivotal support remains at $3.22 - $3.18.
$SUI
🔥 Is SUI ready to explode?! With solid technical indicators and ongoing trading momentum, it seems SUI is preparing for a strong move ahead - will you be among the passengers on this upward journey? 🚀🌊