$SUI /USDT Technical Analysis Summary

Current Price: $3.4494

24h Change: +1.26%

24h High / Low: $3.4621 / $3.3094

Volume (SUI): 32.63M

Volume (USDT): 110.62M

Exchange: Binance

Category: Layer 1

Technical Overview (1D Timeframe)

Indicator Status

Price Trend Slightly Bullish

Support Levels $3.42 → $3.31 → $3.20

Resistance Levels $3.46 → $3.52 → $3.65

Volume Profile Moderate but increasing, suggesting accumulating interest

RSI (Relative Strength Index) Likely in the 55–60 range → Neutral-Bullish zone

MACD Possible bullish crossover developing

Chart Notes

Price Action: SUI is hovering just under the key resistance zone at $3.46, showing signs of a potential breakout if it can maintain volume.

Market Structure: Higher lows are forming since the low near $3.20, suggesting a slow grind upward.

Breakout Point: A decisive move above $3.46 with strong volume could trigger a push toward $3.65+.

Short-Term Outlook

Bullish Scenario:

Break and close above $3.46 could lead to a run toward $3.52 → $3.65.

Bearish Scenario:

Rejection from resistance might push price down to $3.31, where buyers could re-enter.

Strategy Idea (Not Financial Advice)

Swing Traders: Watch for confirmed breakout above $3.46 or retracement to $3.31 for long entries.

Scalpers: Range between $3.42–$3.46 offers quick in-out trades with tight stops.

Would you like a multi-timeframe analysis (15m, 1h, 4h), or predictions for the coming week?

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