$SUI ๐จ SUI/USDT Support & Resistance Analysis ๐จ
๐ Current Price: $2.8962
๐ 24h Change: +8.50%
๐ 24h Low: $2.6485
๐ 24h High: $2.9615
๐ Support Levels:
๐ธ $2.65 โ $2.68
This is the recent demand zone where SUI bounced back, showing strong buying interest.
๐ธ $2.29
Marked as the local bottom, this is a major support level that has held firm during recent dips.
๐ Resistance Levels:
๐น $2.90 โ $2.96
Price is testing this range now. It's a key short-term resistance zone. If broken with volume, we could see upside momentum.
๐น $3.08 (EMA-99)
This is the next big hurdle. A close above this EMA could signal a trend reversal to the upside.
๐น $3.45 โ $3.87
Previous consolidation zones, could act as future profit-taking levels.
๐ Indicators:
๐ธ EMA-7 (Yellow): $2.78 โ Short-term trend is turning bullish.
๐ธ EMA-25 (Pink): $2.90 โ Current price is testing this resistance.
๐ธ MACD is showing bullish crossover, a possible sign of trend reversal.
๐ฎ Whatโs Next?
If bulls manage to break and hold above $2.96, a move toward $3.08โ$3.45 could be on the cards.
However, failure to hold above $2.90 could send the price back to retest $2.65 support.
๐ Strategy Tip:
โ Breakout above $2.96? Consider entries with stop-loss below $2.78.
โ Rejection at $2.90? Watch for pullbacks to re-enter lower.