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Here is a brief analysis of the $SUI (Sui) coin based on market data until July 2025:
✅ General Trend:
The price has recently been in a sideways channel between $0.60 – $0.72.
There are attempts to break 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 → means that the market is balanced, neither in overbought nor oversold conditions.
The 50-day moving average is close to the current price → indicates sideways movement.
🚀 Short-term Expectation:
If the $0.72 level is broken with strong trading volume, we may see a short upward wave.
If support at $0.60 is lost, we could see a drop down to $0.54.
