🔍 Technical Analysis of SUI Coin (Short Term)$SUI

✅ General Trend

The current price of $3.2178 indicates that the coin is in a strong upward trend, especially when compared to its prices over the past months.

It is likely that it has broken through important resistance areas, indicating strong market interest.

🔹 Support and Resistance Areas

Major Support: $3.00 (Psychological and Technical Area)

Secondary Support: $2.75

Current Resistance: $3.50 (could be the first profit-taking area)

Upcoming Strong Resistance: $3.85 - $4.00

📊 Potential Technical Indicators (if you are following the chart)

RSI (Relative Strength Index): If above 70 → Overbought (potential correction soon)

MACD: Previous positive crossover indicates continued upward momentum, unless a bearish crossover appears

Moving Averages: Price above the 50, 100, and 200 averages → Confirmation of the upward trend

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🔄 Expected Scenarios

📈 Bullish Scenario

If the $3.50 level is clearly broken with a daily close, the coin may target levels:

$3.85

$4.20

📉 Bearish / Corrective Scenario

If it fails to surpass $3.50 and weakness indicators begin to show (such as reversal candles or a downturn in RSI), it may return to test:

$3.00 (important psychological support)

Then $2.75 (stronger technical support)