💡 Quick technical analysis:

✅ Corrective drop after a strong upward wave! The price dropped from 3.87 to 3.45 after a rapid rise from 2.16 – this drop could be an opportunity for speculators to test a new ascending bottom.

✅ RSI at 37.86 – this means the price is approaching the oversold zone, which may pave the way for a strong technical rebound if liquidity enters.

✅ MACD in a negative area but the downward momentum has started to slow down, a close crossover between the MACD and Signal lines could ignite a green candle and announce the beginning of a positive reversal.

📊 Volumes are low currently – indicating a state of caution in the market, any slight increase in volume could mean the launch of a new upward wave!

$SUI

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🚀 Expected scenario:

If the price rebounds from levels 3.40 – 3.42 and holds above them, the upcoming targets may be:

✅ 3.58 (previous resistance)

✅ Then 3.76

✅ Then testing 3.87 again and possibly breaking it later!

If it breaks below 3.40, the next support will be at 3.20 – a previously strong buying zone.

$SUI

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🔥 Is SUI ready to take off again?!

Indicators show we are in a 'pressure moment', either the beginning of a bullish explosion driven by accumulation, or a break of support followed by a stronger rebound.

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📌 Important tips:

🔹 Watch the RSI – breaking above the 40 level will be an important signal.

🔹 Identify smart entry points and use a stop loss below 3.40.

$SUI

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📢 Your opinion matters! Do you expect an explosion of SUI towards the $4 levels? Or do we need more patience? Share your predictions! 🚀👇

#sui