🚨 SUI/USDT $SUI Daily Update – May 12, 2025 🚨

💰 Current Price: $3.98

📈 24h Change: +1.55%

📊 Day’s Range: $3.89 – $4.25

🔍 Technical Overview

RSI (14): 74.12 – SUI is in the overbought zone, which could signal a pullback soon.

MACD: 0.34 (negative) – indicating slight bearish momentum in the short term.

Moving Averages: Price is above 20, 50, and 200-day MAs, confirming a bullish trend overall.

🔑 Key Levels to Watch

Support: $3.89 – If this breaks, we could see a dip toward $3.70.

Resistance: $4.25 – A breakout above this level may trigger a move to $4.50 or higher.

🎯 Trade Ideas

📌 Long Setup: Watch for a confirmed breakout above $4.25. If volume supports, target $4.50+.

📌 Short Setup: If price fails to hold $3.89 support, a drop to $3.70 is possible. Set tight stop-losses.