๐ SUI Daily Technical Analysis โ June 8, 2025
๐ก Current Overview
SUI is currently trading around $3.19, showing a slight intraday decline of approximately 2.4%.
The trading volume remains strong at over $1.4 billion, signaling active interest and liquidity across major exchanges.
๐ Technical Indicators Summary
Timeframe | Signal
1 Day โ Strong Sell ๐ป
1 Week โ Sell ๐ป
1 Month โ Buy ๐ผ
Moving Averages: All short-term EMAs and SMAs point to a selling trend.
RSI: Around 42 โ approaching oversold territory.
MACD: Bearish crossover observed on the daily chart.
๐ Key Levels
Support Zone: $3.00 โ $3.15
Resistance Zone: $3.30 โ $3.35
A confirmed breakout above $3.35 may initiate a bullish move toward the $3.50โ$3.70 range.
Conversely, a drop below $3.00 could lead to deeper corrections near $2.80.
๐ฎ Market Sentiment
Despite recent selling pressure, the longer-term indicators remain neutral-to-positive.
SUI is still down ~40% from its yearly high at $5.35 (January 2025), offering potential upside if buying volume resumes.
โ๏ธ Strategy Suggestions
Scenario | Strategy Recommendation
Bearish โ Watch for breakdown below $3.00 โ consider stop-loss at $2.95
Bullish Setup โ Entry after breakout + retest above $3.35 with high volume
Neutral/Range โ Trade within range ($3.00โ$3.35), take partial profits at resistance
โ ๏ธ Risk Notice
This analysis is for educational purposes only.
Cryptocurrency markets are highly volatile. Use strict risk management and never trade with funds you canโt afford to lose.
