📈 Current Price
- $3.0277 (up +8.29% in the last 24 hours)
- 24-hour High: $3.0897
- 24-hour Low: $2.7882
🔍 Trend Analysis
1. General Trend (Bullish 🔥)
From the chart, it's very clear that SUI is in a bullish phase:
Price increased significantly from $2.64 above $3 in 2 days.
Large green candle, meaning buyers are dominating.
2. Moving Average (MA)
MA 7 (yellow line): $3.0052 (current price is above MA 7, indicating strong upward momentum).
MA 25 (light purple): $2.8387 → This could be a strong short-term support.
MA 99 (dark purple): $2.7681 → Still far below the current price, meaning this upward trend has just begun.
3. MACD (Trend Strength Indicator)
MACD line (yellow) is above the signal line (purple), this indicates bullish momentum.
Green histogram continues to grow → buyers becoming more aggressive.
4. RSI (Relative Strength Index)
RSI: 64.5
Still below 70 → Not overbought yet.
But approaching, so be careful as there could be a slight correction soon.
💡 Brief Conclusion
- SUI is currently strong bullish mode ON!
- Strong momentum
- Many are FOMOing
But remain cautious, as RSI is starting to approach overbought levels.
🚦Tips for You
Strategy Explanation
🔰 Buy during corrections Wait for the price to correct to around MA 7 or MA 25 for a safer entry
📉 Stop Loss Set a stop loss below strong support, e.g., $2.83
🎯 Sell Target If it continues to rise, the next target could be $3.2 - $3.5