💡 Quick technical analysis:
✅ Potential rebound zone! After dropping near $3.18, the price has started to show signs of stability at $3.20, which may indicate the near formation of a local bottom and readiness for a rebound.
✅ The Relative Strength Index (RSI) is at only 26.33! This indicates that the market has entered a strong oversold territory - meaning a bullish reversal could be imminent!
✅ The MACD is reflecting a declining negative momentum: the difference between DIF and DEA has started to narrow, and if a positive crossover occurs soon, we may witness the beginning of a new upward wave.
📊 The moving averages show short-term pressure, but with prices converging near MA(10), any breakout above this average could change the course to bullish.
$SUI
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🚀 Expected scenario:
If SUI rises and breaks the resistance level of $3.25, it could head directly to test $3.41, then $3.55 (the previous peak)!
In case of continued decline, the $3.18 - $3.17 area represents a very strong support that may stimulate buyers again.
$SUI
🔥 Is SUI ready to explode?!
With rising trading volumes and oversold indicators, it may be the perfect moment to enter before the launch! ⚡