Technical Analysis: SUI/USDT

Trend: $SUI is in correction after days of strong rise, showing signs of weakness in the short term.

Moving Averages:

•MA7 at 3.35 acting as immediate resistance

•MA25 at 3.69, signaling negative trend

•MA99 at 2.89 as stronger support

Technical Indicators:

•RSI(6) at 31, signals possible technical bounce

•RSI(12) and RSI(24) still indicate weakness

•MACD remains negative, with no confirmed reversal

•Stoch RSI close to bullish crossover

Volume is declining, with selling predominance. The range of $3.23 is an important support. Losing this level could lead the price to $3.00.

SUI shows short-term weakness. A bounce may occur, but the moment requires caution. Below 3.20, the risk increases.