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🔹 Current Price & Market Overview

Price: $3.80 USD

24h Change: +1.98%

24h Volume: $1.51 billion

Market Cap: $12.67 billion

Circulating Supply: 3.34 billion SUI

All-Time High: $5.35 (January 4, 2025)

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📈 Trend & Price Action

SUI has experienced a robust uptrend, appreciating over 115% since April. However, the rally has recently encountered resistance near the $4.15–$4.30 range. The price is currently consolidating between $3.70 and $3.85, indicating a potential pause before the next significant move.

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📉 Key Support & Resistance Levels

Immediate Resistance: $3.90–$4.00

Major Resistance: $4.15–$4.30

Immediate Support: $3.75

Major Support: $3.50

A decisive break above $4.00 could signal a continuation of the bullish trend, while a drop below $3.50 might indicate a deeper correction.

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📊 Technical Indicators

RSI (14): 78.19 – Overbought

MACD: Bullish crossover with positive momentum

ADX: 76.13 – Strong trend strength

CCI (14): 116.50 – Bullish

Williams %R: -13.14 – Overbought

The indicators suggest strong bullish momentum, but the overbought RSI and Williams %R warn of a potential short-term pullback.

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🔄 Moving Averages

50-day EMA: $3.56

200-day EMA: $3.42

SUI is trading above both the 50-day and 200-day EMAs, reinforcing the bullish outlook.

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📈 Volume & Market Sentiment

A 79% increase in trading volume over the past 24 hours indicates heightened investor interest. Additionally, consistent digital asset inflows, totaling $9.3 million last week, suggest sustained institutional engagement.

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🔮 Outlook & Price Forecast

Analysts project a potential rally toward $8.31 by the end of 2025, driven by strong technical patterns and ongoing ecosystem developments.

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✅ Summary

SUI maintains a strong bullish structure, supported by technical indicators and market sentiment. However, overbought conditions suggest the possibility of a short-term consolidation or minor correction before resuming the upward trajectory.

#SUI🔥

#technicalanalyst

#Crypto