🚀 $SUI Technical Analysis July 17, 2025: PRICE STANDS AT $3.9488 WITH NEUTRAL TO BULLISH MOMENTUM 📈
📊 Market Insight • Current Price: 3.9488 USDT • Moving Averages (MAs) indicate a neutral to bullish trend with MA(7) at 3.9739, MA(25) at 3.8522, and MA(99) at 3.2249, suggesting potential upward stability. • Volume is strong at 61.17M SUI (24h Vol/USDT 244.12M), reflecting active trading. • MACD shows a slightly bearish trend with DIF at 0.1174 and DEA at 0.1461, indicating a minor divergence. • RSI values are in a neutral zone, suggesting balanced momentum with a slight upward tilt but not yet overbought.
📊 Important Levels to Watch 🔼 Resistance Levels: 4.1081 4.1696 4.3000 🔽 Support Levels: 3.8500 3.6176 3.5000
💡 TRADE PLANS: 🐂 Bullish Trade Setup: Breakout above $4.1081 ☑️ Entry Point: $4.1100 (enter if price breaks above 4.1081 with bullish momentum confirmation) 🎯 Price Target: TP1: $4.1696 TP2: $4.3000 🛑 Stop Loss: $4.0900 (below the resistance to manage risk) ⚠️ Confirmation: Look for a strong bullish candle close above 4.1081, an increase in volume, RSI(6) rising above 60, and MACD showing a bullish crossover with DIF rising above DEA.
🐻 Bearish Trade Setup: Reversal below $3.8500 ☑️ Entry Point: $3.8400 (enter if price drops below 3.8500 with bearish momentum confirmation) 🎯 Price Target: TP1: $3.6176 TP2: $3.5000 🛑 Stop Loss (SL): $3.8700 (above the current support) ⚠️ Confirmation: Watch for a strong bearish candle close below 3.8500, a decline in volume, RSI(6) dropping below 40, and the MACD showing a bearish trend with DIF falling below DEA.
📌 Suggestion to Open Positions Today: The current price action shows a neutral to bullish trend with the price near key moving averages and a rising RSI. A breakout above $4.1081 could signal further gains, while a drop below $3.8500 might indicate a reversal. Monitor volume and RSI closely, as the MACD divergence suggests caution. Confirm momentum shifts before entering any positions.
