#CryptoMarket4T $BTC Here is a short analysis of the $SUI (Sui) cryptocurrency based on market data up to July 2025:
✅ General Trend:
The price has recently been in a sideways channel between $0.60 – $0.72.
There are attempts to break through the resistance level at $0.72, but the momentum is moderate.
📊 Support and Resistance:
Strong Support: $0.60
Strong Resistance: $0.72
Breaking the resistance could push the price towards $0.80.
⚙️ Technical Indicators:
RSI around 50–55 → indicates that the market is balanced, neither overbought nor oversold.
The 50-day moving average is close to the current price → indicates sideways movement.
🚀 Short-Term Outlook:
If the $0.72 level is broken with strong trading volume, we may see a short upward wave.
If the support at $0.60 is lost, we could see a drop to $0.54.
If you’d like, I can do a deeper analysis with a chart or a short-term trading strategy. Would you like that?