🚀 $SUI Technical Analysis July 22, 2025: PRICE STANDS AT $3.9056 WITH MIXED MOMENTUM 📈
📊 Market Insight • Current Price: 3.9056 USDT • Moving Averages (MAs) show mixed signals with MA(7) at 3.9327, MA(25) at 3.8936, and MA(99) at 3.5674, indicating a short-term consolidation. • Volume is moderate at 75.07M SUI (294.47M USDT), suggesting steady trading activity. • MACD shows a bearish trend with DIF at 0.0118 and DEA at 0.0212, indicating weakening momentum. • RSI values are in a neutral zone, with RSI(6) at 42.8006, suggesting no extreme overbought or oversold conditions.
📊 Important Levels to Watch 🔼 Resistance Levels: 4.2480 4.4004 4.5000 🔽 Support Levels: 3.8000 3.7000 3.5000
💡 TRADE PLANS: 🐂 Bullish Trade Setup: Breakout above $4.2480 ☑️ Entry Point: $4.2500 (enter if price breaks above 4.2480 with bullish momentum confirmation) 🎯 Price Target: TP1: $4.4004 TP2: $4.5000 🛑 Stop Loss: $4.2300 (below the resistance to manage risk) ⚠️ Confirmation: Look for a strong bullish candle close above 4.2480, an increase in volume, RSI(6) rising above 50, and MACD showing a bullish crossover.
🐻 Bearish Trade Setup: Reversal below $3.8000 ☑️ Entry Point: $3.7900 (enter if price drops below 3.8000 with bearish momentum confirmation) 🎯 Price Target: TP1: $3.7000 TP2: $3.5000 🛑 Stop Loss (SL): $3.8200 (above the current support) ⚠️ Confirmation: Watch for a strong bearish candle close below 3.8000, a decline in volume, RSI(6) dropping below 40, and the MACD showing a bearish trend.
📌 Suggestion to Open Positions Today: The current price action shows mixed momentum with a potential consolidation phase. A breakout above $4.2480 could signal upward movement, while a drop below $3.8000 might indicate a bearish reversal. Monitor MACD for momentum shifts and RSI for confirmation before entering positions.