🚨 Current $SUI /USDT price: $3.63
Intraday high: $3.98 | Low: $3.63
The market's in a critical zone. Let's dive into the charts. 👇
📈 Bullish Momentum
SUI has gained 52.15% in the last month and is up 235.42% year-over-year.
The Fear & Greed index is at 53 (Neutral), indicating balanced market sentiment.
📊 Key Support Levels
-$3.46
-$3.35
-$3.26
These levels are crucial for maintaining the current bullish trend.
📌 Key Resistance Levels
-$3.66
-$3.75
-$3.86
Breaking above these could signal a continuation of the upward movement.
🔍 Technical Indicators
RSI: 64.62 (Neutral)
MACD: Positive momentum
Moving Averages: Bullish alignment
These indicators suggest strong buying interest.
⚠️ Potential Risks
Failure to maintain support above $3.25 could trigger a pullback to $2.53, posing a significant downside risk.
🎯 Short-Term Outlook
Price is expected to rise by 30.18% in the next 5 days, potentially reaching $4.71.
📌 Trading Strategy
Breakout: Enter long positions if SUI breaks above $3.75 with increased volume.
Pullback: Consider buying near support levels ($3.35–$3.46) if the price retraces.
Risk Management: Set stop-loss orders below key support levels to mitigate potential losses.
💡 Final Thoughts
SUI is showing strong bullish potential, but it's essential to monitor key support and resistance levels. Stay informed and trade wisely.
