📊 Technical Analysis (3D Chart – SUI/USDT)
✅ Summary of Indicators
Current price: $2.8970 (+1.43%)
High in 24h: $2.9340
Low in 24h: $2.8261
EMA(7): $2.8951 (close to the current price)
EMA(25): $3.0321 (short resistance)
EMA(99): $2.8289 (has now turned into support)
RSI(6): 46.08 (still below 50, but rising)
🔎 Technical Interpretation
Trend: SUI shows signs of stabilization after a strong drop, but has not yet confirmed a solid reversal.
EMA(7) and EMA(99) are very close → the price is literally on top of the averages, indicating a decision zone.
RSI(6) below 50, but slightly ascending → potential for recovery, but without confirmed strength.
The volume is low and irregular, raising doubts about the real strength of buyers.
📌 Opportunities and Risks
🟢 Opportunity:
If the price breaks and stays above $3.03 (EMA 25) with increased volume, it may target the range of $3.29 to $3.86.
RSI may cross above 50 in the next candles, which would reinforce a buying entry.
🔴 Risks:
Rejection at EMA(25) may generate another wave of decline, with a possible return to $2.82 or even $2.65.
Lack of volume and strength in RSI still prevent total confidence in a reversal.
SUI is in a critical neutral zone, between averages and with RSI trying to turn towards the buying side. The chart suggests consolidation, but there is still no confirmation of recovery. The market needs volume to confirm any breakout.
Suggested trading plan:
Watch for breakout and close above $3.03 with good volume.
Short target: $3.29
Suggested stop: below $2.82
Do not trade without confirmation — the chart is still sideways.