$SUI #BinanceHODLerERA $ETH Here is a brief analysis of the currency $SUI (Sui) 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 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 might see a drop to $0.54.
