🚀 $SUI Technical Analysis August 13, 2025: PRICE STANDS AT $3.9594 WITH BULLISH MOMENTUM 📈
📊 Market Insight • Current Price: $3.9594 USDT • Moving Averages (MAs) indicate a bullish trend with EMA(7) at 3.9110, EMA(25) at 3.8286, EMA(99) at 3.7395, and EMA(200) at 3.6555, showing price above all key EMAs. • Volume is strong at 86.12M SUI (338.30M USDT), reflecting active market interest and bullish activity. • MACD shows a neutral to bullish trend with DIF at 0.0466, DEA at 0.0257, and MACD at 0.0209, suggesting potential for continued upward movement. • RSI values indicate a neutral zone, with RSI(6) at 62.9046, showing solid bullish momentum with room to grow.
📊 Important Levels to Watch 🔼 Resistance Levels: $4.0726 $4.20 $4.50 🔽 Support Levels: $3.9110 $3.8286
💡 TRADE PLANS: 🐂 Bullish Trade Setup: Breakout above $4.0726 ☑️ Entry Point: $4.10 (enter if price breaks above $4.0726 with bullish momentum confirmation) 🎯 Price Target: TP1: $4.20 TP2: $4.50 🛑 Stop Loss: $4.05 (below the resistance to manage risk) ⚠️ Confirmation: Look for a strong bullish candle close above $4.0726, increasing volume, RSI(6) rising above 70, and MACD showing a bullish crossover.
🐻 Bearish Trade Setup: Drop below $3.9110 ☑️ Entry Point: $3.88 (enter if price falls below $3.9110 with bearish momentum confirmation) 🎯 Price Target: TP1: $3.8286 🛑 Stop Loss: $3.92 (above the support level) ⚠️ Confirmation: Watch for a strong bearish candle close below $3.9110, declining volume, RSI(6) dropping below 50, and MACD confirming bearish momentum.
📌 Suggestion to Open Positions Today: The current price action shows bullish momentum with a 4.84% increase and RSI(6) in a healthy neutral zone. A breakout above $4.0726 could drive further gains, while a drop below $3.9110 might signal a pullback. Monitor volume and RSI for confirmation before entering positions.
