Unmissable Opportunities on SUI? Technical Analysis Unveils Potential Trading Strategies!

SUI (SUI/USDT) is exhibiting a mix of technical signals on the 1-hour chart, providing opportunities for both bullish and bearish trading strategies.

Short-term EMAs are trending upward, and the MACD histogram suggests growing bullish momentum, indicating that a breakout above the $3.0524 resistance could favor long positions. However, traders should be cautious—the RSI has slipped below 50, signaling potential weakness and a risk of downside correction.

Support sits at $2.9609, and if breached, could open the door for short setups targeting lower levels. With price action tightening between key zones, SUI is poised for volatility, making this an ideal time for well-planned entries with strict risk controls.

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Read the full analysis: www.ecoinimist.com/2025/06/15/sui-technical-analysis-breakout-possible