๐ SUI Token Technical Analysis Report: Bullish Momentum Ahead?
๐ Token Snapshot
Circulating Supply 3.25B SUI
Market Cap $11.55B
Current Price $3.618 (+1.31% 24h)
๐ Price Action Highlights
24h Range: 3.4011โ3.6537
Key Levels:
Support: $3.4317 (Strong Buy Zone)
Resistance: $3.6746 (Breakout Target)
๐ Technical Indicators
RSI (14) 50.87 Neutral
MACD Below Signal Line Caution
KDJ 47.50 (โ from 40.44) Improving Momentum
Bollinger Bands Price near Middle Band ($3.5821) Consolidation
๐ฏ Trading Strategy
โ Entry Points
Buy Zone: $3.620 (Confirmed breakout above pivot)
Stop-Loss: $3.430 (Below support)
๐ฏ Take-Profit Targets
TP1: $3.675 (Near resistance)
TP2: $3.740 (Extended bullish target)
๐ก Key Insights
Bullish Signs: KDJ rising, price holding above support.
Neutral RSI: No overbought/oversold pressure.
MACD Warning: Needs to cross above signal line for confirmation.