🚀 $SUI Technical Analysis July 14, 2025: PRICE STANDS AT $3.8547 WITH BULLISH MOMENTUM 📈
📊 Market Insight
• Current Price: 3.8547 USDT
• Moving Averages (MAs) show a bullish trend with MA(7) at 3.5158, MA(25) at 3.4235, and MA(99) at 2.9998, indicating strong upward momentum.
• Volume is at 58.17M SUI (24h Vol/USDT 207.31M), reflecting high trading activity.
• MACD shows a bullish trend with DIF at 0.1144 and DEA at 0.1020.
• RSI values are in an overbought zone (RSI(6): 92.4991, RSI(12): 84.0499, RSI(24): 77.6178).
📊 Important Levels to Watch
🔼 Resistance Levels:
3.8641
3.973
4.000
🔽 Support Levels:
3.520
3.400
3.183
💡 TRADE PLANS:
🐂 Bullish Trade Setup: Breakout above $3.8641
☑️ Entry Point: $3.8700 (enter if price breaks above 3.8641 with bullish momentum confirmation)
🎯 Price Target:
TP1: $3.973
TP2: $4.000
🛑 Stop Loss: $3.8500 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above 3.8641, an increase in volume, RSI(6) remaining above 90, and MACD showing a bullish trend with DIF rising above DEA.
🐻 Bearish Trade Setup: Reversal below $3.520
☑️ Entry Point: $3.5100 (enter if price drops below 3.520 with bearish momentum confirmation)
🎯 Price Target:
TP1: $3.400
TP2: $3.183
🛑 Stop Loss (SL): $3.5300 (above the current support)
⚠️ Confirmation: Watch for a strong bearish candle close below 3.520, a decline in volume, RSI(6) dropping below 70, and the MACD showing a bearish trend with DIF falling below DEA.
📌 Suggestion to Open Positions Today:
The current price action indicates strong bullish momentum with the price well above key moving averages and RSI in overbought territory. A breakout above $3.8641 could signal further gains, while a drop below $3.520 might indicate a reversal. Monitor volume and RSI closely for confirmation before entering any positions.
