🚀 $SUI Technical Analysis July 19, 2025: PRICE STANDS AT $3.7919 WITH BEARISH MOMENTUM 📉
📊 Market Insight • Current Price: 3.7919 USDT • Moving Averages (MAs) indicate bearish momentum with MA(7) at 3.7750, MA(25) at 3.8187, and MA(99) at 3.9610, showing a downward trend. • Volume is moderate at 73.08M SUI, reflecting steady trading activity. • MACD shows a bearish trend with DIF at -0.0446 and DEA at -0.0530, indicating declining momentum. • RSI values are in a neutral zone, suggesting balanced momentum without oversold conditions.
📊 Important Levels to Watch 🔼 Resistance Levels: 4.0395 4.1467 4.2480 🔽 Support Levels: 3.6519 3.6220 3.5000
💡 TRADE PLANS: 🐂 Bullish Trade Setup: Breakout above $4.0395 ☑️ Entry Point: $4.0450 (enter if price breaks above 4.0395 with bullish momentum confirmation) 🎯 Price Target: TP1: $4.1467 TP2: $4.2480 🛑 Stop Loss: $4.000 (below the resistance to manage risk) ⚠️ Confirmation: Look for a strong bullish candle close above 4.0395, an increase in volume, RSI(6) rising above 70, and MACD showing a bullish crossover.
🐻 Bearish Trade Setup: Reversal below $3.6519 ☑️ Entry Point: $3.6400 (enter if price drops below 3.6519 with bearish momentum confirmation) 🎯 Price Target: TP1: $3.6220 TP2: $3.5000 🛑 Stop Loss (SL): $3.6800 (above the current support) ⚠️ Confirmation: Watch for a strong bearish candle close below 3.6519, a decline in volume, RSI(6) dropping below 50, and the MACD showing a bearish trend.
📌 Suggestion to Open Positions Today: The current price action shows bearish momentum, with the price below key moving averages and a declining MACD. A breakdown below $3.6519 could signal further downside, while a recovery above $4.0395 might indicate a reversal. Monitor volume and MACD closely for momentum shifts before entering any positions.
