#TradingTales # $SUI

Hi My Square family!

Here i am with comprehensive analysis to guide your trading decisions:

📈 Current Price Overview

Price:

$3.36

Weekly Performance:

up by 60%

Monthly Performance:

up by 37.6%

Yearly Performance:

up by 170%

🔍 Technical Indicators

Moving Averages

•Short-Term (5–50 Days):

signaling bullish trend

•Long-Term (100–200 Days):

indicating sustained upward momentum

Oscillators

•Relative Strength Index (RSI): 65 but still potential for growth

MACD: indicating potential for bullish crossover

Commodity Channel Index (CCI): at 276 signaling caution for potential pullbacks

📊 Support and Resistance Levels

Immediate Support: around $3.00 and $ 3.2

Key Resistance:

$3.2 and $3.4

Long-Term Resistance: at $5.2

💡 Trading Insights

Bullish Scenario: $3.5 and $4.2

Consolidation Phase: between $2.2 and 2.83

Bearish Scenario: a drop below $2.0

🚀 Conclusion

$SUI /usdt is currently strongly bullish phase with technical indicators supporting firther upward movement.

However, it's essential to monitor key resistance levels and be prepared for potential consolidation or pullbacks. As always, employ sound risk management practices and stay updated with market developments.

If you need further assistance or real-time updates, feel free to ask!