📊 Technical Analysis (3D Chart – SUI/USDT)
✅ Indicators Summary
Current Price: $2.8970 (+1.43%)
24h High: $2.9340
24h Low: $2.8261
EMA(7): $2.8951 (right at the current price)
EMA(25): $3.0321 (short-term resistance)
EMA(99): $2.8289 (now acting as support)
RSI(6): 46.08 (still below 50 but rising)
🔎 Technical Interpretation
Trend: SUI is showing signs of stabilization after a strong drop, but has not yet confirmed a full reversal.
Price is sitting directly on the EMA(7) and close to the EMA(99), meaning we are in a critical decision zone.
RSI(6) is rising slightly but still under 50 → suggests potential bullish momentum, but no confirmation yet.
Volume is low and inconsistent, which limits conviction in current moves.
📌 Opportunities and Risks
🟢 Opportunities:
If price breaks and holds above $3.03 (EMA 25) with increased volume, it could target the $3.29 to $3.86 area.
RSI moving above 50 would strengthen bullish sentiment.
🔴 Risks:
Rejection at EMA(25) could trigger another leg down toward $2.82 or even $2.65.
Lack of strong volume and a weak RSI still suggest caution.
SUI is currently in a neutral-critical zone, sitting between key moving averages with RSI trying to shift bullish. The chart suggests consolidation, but there’s no confirmed trend reversal yet. A breakout will need to be backed by volume.
Suggested Trade Plan:
Watch for a breakout and close above $3.03 with solid volume.
Short-term target: $3.29
Stop-loss: below $2.82
Avoid entering early — wait for confirmation.
