🚀 $SUI Technical Analysis July 21, 2025: PRICE STANDS AT $3.9989 WITH STRONG BULLISH MOMENTUM 📈
📊 Market Insight
• Current Price: 3.9989 USDT
• Moving Averages (MAs) indicate strong bullish momentum with MA(7) at 3.9629, MA(25) at 3.9155, and MA(99) at 3.4828, showing a clear upward trend.
• Volume is solid at 58.35M SUI (230.43M USDT), reflecting significant trading activity.
• MACD shows a neutral to slightly bullish trend with DIF at 0.0278 and DEA at 0.0185, indicating mild momentum growth.
• RSI values are in a neutral zone, with RSI(6) at 65.0260, suggesting balanced momentum without overbought conditions.
📊 Important Levels to Watch
🔼 Resistance Levels:
4.2954
4.5000
4.8000
🔽 Support Levels:
3.9000
3.7820
3.6100
💡 TRADE PLANS:
🐂 Bullish Trade Setup: Breakout above $4.2954
☑️ Entry Point: $4.2970 (enter if price breaks above 4.2954 with bullish momentum confirmation)
🎯 Price Target:
TP1: $4.5000
TP2: $4.8000
🛑 Stop Loss: $4.2900 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above 4.2954, an increase in volume, RSI(6) rising above 70, and MACD showing a bullish crossover.
🐻 Bearish Trade Setup: Reversal below $3.9000
☑️ Entry Point: $3.8980 (enter if price drops below 3.9000 with bearish momentum confirmation)
🎯 Price Target:
TP1: $3.7820
TP2: $3.6100
🛑 Stop Loss (SL): $3.9050 (above the current support)
⚠️ Confirmation: Watch for a strong bearish candle close below 3.9000, a decline in volume, RSI(6) dropping below 50, and the MACD showing a bearish trend.
📌 Suggestion to Open Positions Today:
The current price action displays strong bullish momentum, supported by rising MAs and volume. A breakout above $4.2954 could lead to further gains, while a drop below $3.9000 might signal a reversal. Monitor volume and RSI for momentum shifts before entering positions.
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