Technical Analysis of SUI Coin on April 26, 2025:

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🌺Current Price:

Ranging between $3.42 and $3.58.

🌺Weekly Performance:

Increased by 68% over the last week.

🌺Resistance and Support:

Nearby resistance: $3.60.

Next resistance: $4.20–$4.50.

Key support: $3.00–$2.75.

🌺Technical Indicators:

Moving Averages: Currently giving strong sell signals.

RSI and MACD indicators: Indicating a potential price correction soon.

Candlestick pattern: Positive bullish engulfing on the weekly timeframe.

🌺Supporting Factors for the Rise:

Increase in Total Value Locked (TVL) to $1.64 billion.

Trading volume on DEX increased by 177%.

Growth in stablecoin volume by 82%.

Rumors of major partnerships (Pokémon and Mastercard).

🌺Future Expectations:

Short term: Could rise to $4.20–$5.00.

Medium term: Target at $9.85.

Long term (end of 2025): Could reach $11.00.

7. Recommendation:

There is strong upward momentum, but support and resistance levels should be monitored, and caution should be taken against any sudden price corrections.

$SUI