#INIT is building strenght for a 10% increase? thoughts pls | Melanzudo on Binance Square

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#INIT is building strenght for a 10% increase? thoughts pls

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One coin to keep under your radar. #sui Market Performance & Technical Analysis (May 2025) Current Price: ~$3.90 Market Cap: ~$13 billion 24h Volume: ~$3.04 billion Technical Structure: SUI is trading above its major moving averages (20, 50, 100, 200 EMA), indicating a strong uptrend. RSI at ~63, below the overbought threshold, signaling room for further gains. MACD remains positive, suggesting continued bullish momentum. Strong support at $3.63–$3.75, with resistance at $3.90–$4.08. Volume spikes and higher lows confirm robust buyer interest and accumulation.

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I see it fall to support zones of 150-155... Last days red is going to take a toll also on #sol

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OM has the potential. Let's see what market decides, but for sure is a good asset independent of what happened last days

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