📊 Technical Analysis – SUI/USDT (Daily Chart)
🔹 Current price: $2.8255
🔹 High in 24h: $2.9278
🔹 Recent low: $2.2937
🔹 Trend indicators:
✅ EMA 7 (yellow): 2.7899
✅ EMA 25 (pink): 2.9258
✅ EMA 99 (purple): 3.1016
📉 RSI(6): 52.67 → neutral zone
📈 Current trend:
Currently, SUI shows signs of recovery but is still in a consolidation phase after a drop. Here are the main points:
EMA 7 crossing above EMA 25 → beginning of short-term reversal
RSI rising above 50 → loss of selling strength
Increasing volume in recent bullish candles, which strengthens the movement
💡 But be careful: the price hit resistance at the EMA25 region ($2.92) and is slightly correcting now. We still do not have confirmation of a reversal of the main trend (which remains bearish), but there are signs of buying strength entering.
🟢 About the low at $2.2937:
This rejection candle is strong: it shows that buyers are defending the $2.30 region with considerable strength.
👉 If SUI returns to this range, it could be an excellent entry for spot with a long-term focus, as the risk is well controlled.
🧠 Spot Strategy (Holder):
✅ Ideal entry: $2.30–$2.60 (accumulation zone)
✅ Immediate resistance: $2.92
🔓 If it breaks strongly with volume, it could target:
$3.10 (EMA99)
$3.45 (previous high)
$4.20 (chart maximum)
💡 Summary for long term:
📈 Short-term trend: Reversal in formation
📉 Macro trend: Still bearish → waiting for breakout confirmation
🛒 Best spot entry: Below $2.60 (already holds the base)
🔒 Hold safely: As long as it stays above $2.25
🚀 Future targets: $3.10 / $3.45 / $4.20 with gradual breakouts
