🚀 SUI Price Analysis
💧 $SUI is displaying strong bullish momentum, currently trading around $3.75 (+5.46% daily). After a prolonged consolidation and downtrend earlier this year, SUI has broken through key resistance levels and is now pushing above the upper Bollinger Band signaling a robust buying impulse.
📈 Technical Overview
MACD is trending upward, confirming bullish strength.
RSI is at 79, indicating overbought conditions, which could trigger a short-term pullback or sideways action.
The average price of $3.62 now serves as immediate support.
🤔 Possible Scenarios
Bullish Continuation: Sustained momentum could target the $4.00–$4.20 range. A breakout above $4.00 could pave the way toward $5.00.
Correction: Overbought signals could lead to a pullback toward the $3.40–$3.20 zone before another rally.
Consolidation: Prices may oscillate between $3.40 and $3.80, preparing for the next major move.
