#CryptoTrading. #Signal🚥.

📊Technical Analysis (1 hour) $SUI /USDT

1. Price and Trend: The current price is 3.9248 USD, down 1.91%. The chart shows an uptrend to around 4.0992, after which a corrective decline began. The price is now approaching the support level around 3.8525–3.8781.

2. Moving Averages (MA):

• MA(5): 11,006,881.9399 (short-term) shows an upward movement.

• MA(10): 11,043,449.5100 (medium-term) is also rising, but with less intensity. MA crossings can indicate a potential trend change if the short-term MA crosses the long-term MA downward.

3. Volume: Volume fluctuates, with peaks during strong price movements. Increasing volume on the downside may indicate increased sellers.

4. Bollinger Bands (20, 2): Price is approaching the lower limit (3.8155), which may indicate oversold conditions. The middle line (MB: 3.9116) serves as a bounce or resistance level.

5. MACD: DIF (-0.0091) and DEA (-0.0152) are close to crossing, while MACD (0.0061) is positive but weak. This may signal a possible weakening of the upward momentum.

6. Stochastic RSI: The values 47.5877 and 47.3301 are in the neutral zone, with no clear overbought or oversold signals. A move to 80 may indicate overbought conditions, and to 20 - oversold conditions.

7. OI (Open Interest): Growth to 95.2M and NV (37.4M) may indicate increased interest from traders, which supports volatility.

⚠️Conclusion: Currently, there is a correction after the local maximum. Support — 3.8525–3.8781, resistance — 3.9833–4.0992. It is recommended to monitor the MA crossing and price movement relative to Bollinger Bands.