$BNB #AltcoinBreakout Here is a short analysis of currency $SUI (SWI) 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 average.
📊 Support and Resistance:
Strong Support: $0.60
Strong Resistance: $0.72
Breaking the resistance may push the price towards $0.80.
⚙️ Technical Indicators:
RSI around 50–55 → indicates that the market is balanced, neither in a state of overbought nor oversold.
The 50-day moving average is close to the current price → indicates a sideways movement.
