$SUI [TECHNICAL ANALYSIS – SUI/USDC]

Timeframe: 1D

Trend: Short-term bullish continuation

Sentiment: Cautiously optimistic

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Key Data:

• Current Price: 3.1250 USDC

• 24h High / Low: 3.1595 / 2.9629

• EMA(7): 3.1250

• EMA(25): 3.1382

• EMA(99): 3.2105

• MA(5): 15.84M SUI

• MA(10): 14.92M SUI

• RSI(6/12/24): 57.89 / 54.32 / 51.76

• Volume (24h): ~15.84M SUI / ~48.88M USDC

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Key Highlights:

• Entry Point: Potential entry near 3.0500–3.1000, where short-term support aligns with EMA(7).

• Profit Target: First target near EMA(99) at 3.2105, and if broken, the next one near 3.3000.

• Risk: Suggested stop-loss below 2.9500, to limit downside exposure.

• RSI Momentum: RSI values indicate moderate bullish momentum, with RSI(6) showing increasing buying pressure.

• Volume Activity: Rising volume supports the potential continuation of the upward trend.

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Conclusion:

SUI/USDC is showing signs of bullish continuation, with price holding above key moving averages. A breakout above 3.2105 could confirm further upside, targeting 3.3000.

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#Crypto #Trading #SUI #TechnicalAnalysis #Binance