🔹 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)
📈 Trend & Price Action
$SUI has shown impressive strength, gaining over 115% since April. Right now, it’s facing resistance between $4.15 and $4.30. The price is consolidating within the $3.70–$3.85 range, which could mean a short pause before the next big move.
📉 Key Support & Resistance Levels
Immediate Resistance: $3.90–$4.00
Major Resistance: $4.15–$4.30
Immediate Support: $3.75
Major Support: $3.50
If $SUI can break above $4.00, we might see the bullish trend continue. But if it dips below $3.50, we could be in for a bigger pullback.
📊 Technical Indicators
RSI (14): 78.19 – Overbought
MACD: Bullish crossover, strong momentum
ADX: 76.13 – Strong trend strength
CCI (14): 116.50 – Bullish
Williams %R: -13.14 – Overbought
Most indicators point to strong bullish momentum, but both RSI and Williams %R being overbought suggest we might see a short-term dip or sideways action.
🔄 Moving Averages
50-day EMA: $3.56
200-day EMA: $3.42
$SUI is still trading above both EMAs, which supports the overall bullish trend.
📈 Volume & Market Sentiment
There’s been a 79% surge in trading volume in the last 24 hours, showing increased interest. On top of that, digital asset inflows of $9.3 million last week hint at steady institutional involvement.
🔮 My Outlook & Forecast
Based on the current technical setup and ongoing developments in the SUI ecosystem, I’m expecting a possible rally toward $8.31 by the end of 2025.
✅ Summary SUI remains technically strong and continues to attract bullish sentiment. That said, with the market looking a bit overheated, a short-term cooldown or sideways phase could happen before we see further gains.