🚨$SUI
SUI/USDT Support and Resistance Update 🚨
1D Chart Analysis | 📈 +12.22% Surge
SUI just delivered a powerful move, currently trading at $3.4799, with a daily high of $3.5093! Let’s break down the key support and resistance levels based on the chart:
🔼 Resistance Levels
• $3.56 – Strong resistance zone from the previous high
• $3.50 – Current daily high and potential breakout point
• $3.62 – Psychological resistance from past consolidation
📉 Support Levels
• $3.34 - $3.35 – Immediate short-term support
• $3.08 - $3.10 – EMA(99) region acting as solid historical support
• $2.78 - $2.80 – Mid-range base if price retraces
• $2.29 – Long-term bottom and key demand zone
🧠 Key Observations:
✅ Bullish momentum with strong green candle & volume spike
✅ MACD shows positive crossover → uptrend strength
✅ EMA(7) crossing above EMA(25) = short-term bullish signal
⚠️ Trading Tip:
If SUI holds above $3.35, bulls may attempt to retest $3.56 and beyond. A rejection from resistance could send price back to the $3.10 support area. Watch the volume and EMA alignment closely!
📊 Trade Smart. Respect Levels. Manage Risk. 💹$ETH