📈 1. Current price and immediate performance

- Current price: 2.94 - 2.97 USD .

- 24-hour change: Increase of +3.036%, with daily trading volume reaching ~616 million USD .

- Market capitalization: 10.24 billion USD, making it rank #15 among cryptocurrencies .

- Annual performance: Amazing increase of +321.99% since the beginning of 2025 .

⚖️ 2. Support and resistance levels

- Strong support:

- 2.86 USD (Pivot point S1) .

- 2.88 USD (Lowest price in 24 hours) .

- Critical resistance:

- 2.97 USD (Highest price in 24 hours) .

- 3.00 USD (psychological and technical barrier) .

- All-time high: 5.35 USD (recorded in January 2025) .

🔮 3. Short-term market forecasts

- Daily trend: Neutral with a slight bullish bias, especially if the price exceeds 2.97 USD .

- Forecasts for 2025:

- Average: 2.96 USD (close to the current price).

- Upside target: 3.14 USD (+6% from the current price) .

- Bearish scenario: 1.72 USD in case of market weakness .

💡 4. Investment tips

1. Day traders: Buy on a break above 2.97 USD with a target of 3.14 USD, and stop loss at 2.85 USD.

2. Long-term investors: monitoring a breakout at 3.00 USD to enter long positions, and waiting at 2.90 USD to accumulate.

3. Risk management: Avoid large positions before weekly indicator updates (like the bearish weekly MACD) .

📌 Summary

SUI shows mixed technical signals today with a slight buying bias, supported by strong annual performance (+321.99%) and high technical capabilities (transaction speed, smart contracts). However, caution is advised due to:

- Strong resistance at 3.00 USD.

- Selling pressure from long-term moving averages.

The key is to watch for a break above 2.97 USD with increased volume, which could indicate a short-term bullish wave. #BinanceTurns8