$SUI

Recent Overview

Rising 🔥

Current price: about $4.00, with massive daily trading exceeding $1.6 – $1.7 billion.

Market capitalization: around $13.8 billion, ranking among the top 20 cryptocurrencies globally.

Trading volume: close to $1.6 – $1.7 billion over the past 24 hours.

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🔍 Technical Analysis

Binance (July 19)

SUI is moving in a narrow range between $3.60 – $4.10, with strong support at levels around $3.70, which is quickly bought by “whales.”

Positive indicators:

RSI at 58: indicates room for additional upward movement before reaching overbought territory.

EMA25 and 99: price is holding above them, with EMA25 sloping upwards as its moving support.

MACD: bullish signal with a positive crossover.

Expected trading strategy:

Entry between $3.70 – $3.82, stop loss < $3.60.

Medium-term targets: $4.60 then $5.00 – $5.20.