$SUI As of June 2, 2025, Sui (SUI) is trading at approximately $3.28. Here's a comprehensive analysis and a suggested trading plan

📊 Market Overview

Current Price: $3.28

24h Range: $3.24 – $3.35

Key Support: $3.20

Key Resistance: $3.50

Technical indicators suggest a bullish trend, with the 50-day EMA above the 200-day EMA, indicating a "Golden Cross" pattern. The Aroon Up indicator is nearing 90%, highlighting dominant bullish momentum, while the Aroon Down at 15% indicates fading selling pressure.

🔮 Price Forecast

Analysts have varying projections for SUI's price in 2025:

VanEck: Forecasts a price of $16 by the end of 2025, representing a 326% increase from current levels.

CoinCodex: Projects a price range between $7.27 and $7.65 by mid-2025.

MarketTalkz: Estimates a high of $6.85 in 2025.

These projections suggest significant potential upside, contingent on continued positive market sentiment and adoption.

📈 Trading Plan

✅ Entry Strategy

Buy Zone: Consider entering between $3.20 and $3.50.

Position Size: Allocate a conservative portion of your portfolio to manage risk.

📍 Stop-Loss

Initial Stop-Loss: Set at $2.90 to protect against significant downturns.

🎯 Take-Profit Targets

First Target: $5.00 (Short-Term)

Second Target: $7.00 (Medium-Term)

Third Target: $9.00 (Long-Term)

These targets align with analyst projections and key resistance levels.

🔄 Risk Management

Risk-Reward Ratio: Aim for a minimum of 1:3.

Re-evaluation: Monitor market conditions and adjust stop-loss and take-profit levels accordingly.

⚠️ Considerations

Market Volatility: Cryptocurrency markets are highly volatile; ensure you can withstand potential fluctuations.

Fundamental Developments: Stay informed about Sui's partnerships, technological advancements, and market adoption.

External Factors: Global economic conditions and regulatory news can impact market sentiment.