Quick summary
$SUI consolidates around $3.49 on the 1h, with compressed MAs and neutral RSI (~52). On-chain activity and DEX volumes have risen recently, but upcoming token unlocks pose short-term volatility risk.
Technical
Current price: $3.49
short/medium/long MAs: MA7 ≈ 3.495 | MA25 ≈ 3.475 | MA99 ≈ 3.494 — MA compression indicates balance; a decisive break above MA99 with volume signals trend resumption.
RSI (6): ~52.8 — neutral.
Immediate support: $3.41 → stronger $3.30 (practical SL $3.27).
Resistances: $3.52–$3.63 (near) → $3.84–$3.85 (previous swing).
Market structure & volume
Network metrics and DEX volume surged recently, reflecting real on-chain activity and user engagement.
Token unlock schedule in the coming months is notable and could increase circulating supply temporarily.
Sui Foundation’s grant programs and ecosystem initiatives support medium-term fundamentals.
Trading plan
Entry (scale-in): $3.38 – $3.55 (prefer adding near $3.38–$3.45).
Stop-loss: $3.27.
Take-profit: TP1 $3.75 — TP2 $3.95–$4.10.
Management: scale in, lock partial at TP1; if price clears $3.63 with healthy volume, move SL to breakeven for remaining size. Cut exposure early on signs of large unlock-driven selling.
Overall view
Bull: holds $3.30 and breaks $3.63 on volume → run toward $4.0.
Bear: breaks $3.30 → deeper pullback to ~$3.00 area.
