$SUI Short-term technical outlook
A positive intraday trend is observed, with the price oscillating between US$3.93 and US$4.24, suggesting a range with possible rebounds.
Key support remains stable at US$3.75–3.86 and resistance around US$4.05–4.10.
Short-term indicators still show technical signals, opening the possibility for a slight rise during the day.
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🗓️ Daily trend and indicators
SUI maintains an uptrend by trading above the 50-day moving average, with positive divergence in the stochastic after being oversold.
If support at US$3.7470 holds, it could drive a rebound towards resistance at US$4.2967.
General sentiment: greed, with the “Fear & Greed” index at high levels (73–74), and the majority of technical signals leaning upwards.
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🔍 Market news today
Record TVL of US$2.219B in SUI during July, although bearish signals are also emerging in the short term.
We are in full “altseason,” with Ethereum leading and SUI among the main players in this bullish push.
It stands out among altcoins with the best potential for a rally in this market phase.
