$SUI

🔍 Chart Analysis (as of June 5, 2025, 8:38)

• Current Price: $3.1969

• 24h High / Low: $3.2501 / $3.1248

• Short-Term Moving Averages (MA):

• MA(7): 3.1693 (Below current price — minor bullish sign)

• MA(25): 3.2238 (Above current price — bearish pressure)

• MA(99): 3.3383 (Significant resistance)

• Trend:

• Overall bearish in the short/medium term (price under 99MA and 25MA).

• Slight rebound from a recent low of 3.0530.

• Volume:

• 24h Vol(SUI): 32.03M

• 24h Vol(USDT): 102.17M

• Volume spikes around price dips suggest buyer interest at lower levels.

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📊 Volatility & Performance

• Daily: -0.62%

• 7 Days: -9.83% (short-term downtrend)

• 90 Days: +9.54% (still positive in mid-term)

• 1 Year: +209.45% (strong long-term appreciation)

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🧠 Suggested Strategy Paths

✅ If you’re a short-term trader (2h–1d timeframe):

• Wait for confirmation of reversal. You might see a small bounce, but it’s not a confirmed trend change unless:

• Price closes above MA(25) (~3.22)

• Breaks above MA(99) (~3.34)

• Set alert near $3.25 (24h high) to see if it retests and breaks.

• Stop-loss: Consider placing one just below $3.05 (last major support).

• Buy range (aggressive): $3.15–$3.18 if you’re anticipating a short-term bounce.

• Sell range (target): $3.30–$3.35 short term if trend reverses.

🧘 If you’re a medium-to-long-term holder:

• DCA (Dollar Cost Averaging) may be wise around current levels if you believe in SUI’s fundamentals.

• Wait for key unlock events or ecosystem updates to time larger buys.

• Strong long-term uptrend (+209% YoY), so dips are potential buying opportunities.

• Keep monitoring sentiment around token unlocks (which could add sell pressure).

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🛑 Risks & Watchouts

• Underperformance of MA(25) and MA(99) indicates downtrend still active.

• Any bad news or large unlock could cause sharp drops below $3.05.

• Strong resistance around $3.35–3.40.