📊 Technical Analysis – SUI/USDT (Daily Chart)
🔹 Current Price: $2.8255
🔹 24h High: $2.9278
🔹 Recent Bottom: $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:
SUI is showing early signs of recovery, but it's still in a consolidation phase after a downtrend. Here’s what we’re seeing:
EMA 7 is crossing above EMA 25 → signal of short-term momentum
RSI pushing above 50 → buyers gaining strength
Volume is increasing on green candles — showing legit buyer interest
⚠️ However, price has hit resistance near EMA 25 (~$2.92) and is now slightly pulling back. The primary trend is still bearish, but early bullish signals are forming.
🟢 About the $2.2937 bottom:
This area acted as a strong demand zone. The wick shows buyers heavily defending $2.30. Great spot for accumulation.
👉 If price revisits this zone, it could offer a solid long-term spot entry with limited downside.
🧠 Spot Strategy (Holder's View):
✅ Best entry zone: $2.30–$2.60
✅ Key resistance: $2.92
🚀 If broken with volume, upside targets are:
$3.10 (EMA99)
$3.45 (previous swing high)
$4.20 (macro resistance)
💡 Holder Summary:
📈 Short-term trend: Reversal attempt in progress
📉 Macro trend: Still bearish — needs confirmation
🛒 Ideal accumulation: Below $2.60
🔒 Safe holding range: Above $2.25
🎯 Potential breakout levels: $3.10 / $3.45 / $4.20
