As of March 24, 2025, #Sui (SUI) is trading at approximately $2.39 USD.
Recent technical analyses indicate a bearish trend for $SUI :
Moving Averages: The 20-day exponential moving average is $2.46, while the current price is $2.39, suggesting a downward trend.
MACD Indicator: The MACD value stands at -0.19, indicating bearish momentum.
Relative Strength Index (RSI): With an RSI of 41.47, $SUI is approaching oversold territory, which could signal a potential reversal.
Given these indicators, a cautious approach is advisable for swing trading $SUI . Consider monitoring for signs of trend reversal or consolidation before entering a trade. Implementing strict risk management strategies, such as setting stop-loss orders, is essential to mitigate potential losses.