Here's a concise technical analysis for $SUI

/USDT (Perpetual Contract)

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🔵 $SUI /USDT – Market Snapshot

Current Price: $2.7300

24h Change: -1.89% 🔻

24h High / Low: $2.8365 / $2.7049

24h Volume:

SUI: 31.20M

USDT: 86.81M

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📊 Key Technical Indicators

Indicator Value Trend Direction

EMA(7) 2.7638 ➘ Below – short-term bearish

EMA(25) 2.7830 ➘ Downward slope

EMA(99) 2.7710 ➘ Trend flattening

MA(5) 1.16M ➘ Dropping volume

MA(10) 949K ➘ Confirms lower activity

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🔍 Depth & Key Price Levels

Type Price Notes

Resistance $2.7638–2.7830 EMA cluster – significant resistance

$2.8365 24h High – breakout trigger

Support $2.7049 24h Low – key short-term support

$2.6937 Potential secondary support zone

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🧠 Interpretation & Outlook

Trend Bias: Short-term bearish below the EMA cluster

Momentum: Weak – price below all key EMAs

Volatility: Moderate — $0.13 intraday range (~4.6%)

Volume: Average but lower than previous moving averages → cooling

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🎯 Trade Ideas

🟢 Reversal Long (Support Bounce)

Entry: $2.70 – 2.71

Target 1: $2.76 (EMA7)

Target 2: $2.78+ (EMA25)

Stop: $2.68

Risk: Medium-High

🔴 Breakdown Short

Trigger: Break below $2.69 with increased sell volume

Target 1: $2.65

Target 2: $2.60

Stop: $2.74

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⚖️ Summary

Outlook Comment

📉 Short-Term Bearish under EMA(7) & EMA(25)

🛠️ Setup Wait for confirmation (retest or break)

🕰️ Timeframes Best seen on 15m or 1h for entries

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