๐ $SUI Technical Analysis September 24, 2025: PRICE CLIMBS TO $3.4076 WITH BULLISH BIAS ON RECOVERY MOMENTUM ๐
๐ Market Insight
โข Current Price: $3.4076 USDT
โข Moving Averages (MAs) signal bullish recovery, indicating potential stabilization post recent downside.
โข Volume surges to 30.39M SUI ($101.82M), reflecting renewed buying interest amid broader market rebound.
โข MACD leans bullish with positive histogram implied by price action, supporting upward momentum as selling pressure eases.
โข RSI values push into bullish territory at 58.78, showing growing strength without overbought risks yet, allowing room for further gains.
๐ Important Levels to Watch
๐ผ Resistance Levels:
$3.4402
$3.5030
$3.6000
๐ฝ Support Levels:
$3.3722
$3.2341
$3.1000
๐ก TRADE PLANS:
๐ Bullish Trade Setup: Breakout above $3.4402
โ๏ธ Entry Point: $3.4500 (enter if price breaks above $3.4402 with bullish momentum confirmation)
๐ฏ Price Target:
TP1: $3.5030
TP2: $3.6000
๐ Stop Loss: $3.4300 (below the resistance to manage risk)
โ ๏ธ Confirmation: Look for a strong bullish candle close above $3.4402, rising volume, RSI(14) above 60, and MACD histogram expanding positively.
๐ป Bearish Trade Setup: Drop below $3.3722
โ๏ธ Entry Point: $3.3600 (enter if price falls below $3.3722 with bearish momentum confirmation)
๐ฏ Price Target:
TP1: $3.2341
TP2: $3.1000
๐ Stop Loss: $3.3800 (above the support level)
โ ๏ธ Confirmation: Watch for a strong bearish candle close below $3.3722, declining volume, RSI(14) falling below 50, and MACD crossing bearish.
๐ Suggestion to Open Positions Today:
The current price action delivers a +0.94% gain in 24h, lifting SUI above key EMAs after yesterdayโs consolidation near $3.37. Bullish RSI near 59 signals upward potential toward $3.60 on sustained volume, while MACD positivity could accelerate gains. That said, a slip below $3.3722 might revisit $3.23. Focus on volume confirmation and RSI climbs for bullish entries in this volatile setup.
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