2025/6/9 $SUI Current trend: Oscillating trend in a short-term rally

Key indicators analyzed:

1. Price action:

Bounced from a low of 2.8467 on June 5 to the current range at 3.22-3.27

The latest K-line shows prices fluctuating within a narrow range of 3.22-3.23, without breaking the previous high of 3.2932 (June 7)

2. SMA EMA system:

Fast line (3,216) and slow line (3,211) are close to ties and flat

Prices hover around the double EMA lines, not forming a clear long/short line

3. MACD indicator:

DIF (0.0056) and DEA (-0.0043) form a golden crossover below the zero axis

The histogram was positive for 9 consecutive periods but gradually shortened (last 0.0099)

Indicates the momentum of the rally is weakening

4. Volume characteristics:

Large volume during the decline on June 5 (587 million)

Decrease in volume during the rebound phase (last 119 million)

Lack of momentum for sustained volume breakout

5. RSI series indicators:

RSI (50.79) in neutral territory

6. StochRSI (44.96K/59.38D) retreating from the overbought zone 7.

No extreme overbought/oversold signals

Key Long/Short Levels:

Resistance zone: 3.27-3.29 (previous high + slow pressure EMA)

Support zone: 3.18-3.20 (recent low confluence area)

Operation Advice:

1. short-term traders can operate in the range (3.18-3.27)

2. A break of 3.29 and the accompanying volume could be considered for longs