If you're eyeing $SUI , here's what the chart says today โ and it could shape your next trade. ๐
๐น Support Zone:
โ $2.70: Key pivot level where previous bounces happened
โ $2.72: Fibonacci-based support zone
These levels are critical. If price holds here, a bounce is very possible.
๐น Resistance Levels:
โ $2.84: First major resistance (R1 pivot)
โ $2.90โ$3.00: This zone includes psychological resistance + MA zones
A breakout above $2.84 could attract strong buying momentum.
๐น Moving Averages Insight:
All major moving averages (5 MA to 200 MA) are currently sitting above the price, signaling a sell bias in the short term. But it also means any move above MAs could shift the trend fast.
๐น Indicators to Note:
โ RSI ~44: Neutral, but nearing oversold โ this could trigger a reversal
โ MACD: Weak bullish signs โ worth keeping on your radar
โ Stochastic RSI: Shows early buying pressure โ but needs confirmation
SUI is testing support and showing early signs of strength. Watch for a clean breakout above $2.84. If that happens with volume, we may see a move toward $3.00.
โ ๏ธ Remember: This is not financial advice. Always DYOR (Do Your Own Research). Use stop-losses and plan your trades wisely.