🚀 $SUI Technical Analysis July 28, 2025: PRICE STANDS AT $4.1243 WITH BEARISH MOMENTUM 📉
📊 Market Insight • Current Price: $4.1243 USDT • Moving Averages (MAs) indicate a bearish shift with MA(7) at 4.2539, MA(25) at 4.0369, and MA(99) at 3.8913, showing price below short-term MAs. • Volume is notable at 73.29M SUI (312.84M USDT), with a recent increase suggesting selling pressure. • MACD shows a bearish trend with DIF at -0.0982 and DEA at 0.1019, indicating potential downward momentum. • RSI values suggest a neutral zone, with RSI(6) at 36.0739, indicating room for further decline.
📊 Important Levels to Watch 🔼 Resistance Levels: $4.2539 $4.4366 $4.4902 🔽 Support Levels: $4.0369 $3.8913 $3.5125
💡 TRADE PLANS: 🐂 Bullish Trade Setup: Reversal above $4.2539 ☑️ Entry Point: $4.2570 (enter if price breaks above $4.2539 with bullish momentum confirmation) 🎯 Price Target: TP1: $4.4366 TP2: $4.4902 🛑 Stop Loss: $4.2450 (below the resistance to manage risk) ⚠️ Confirmation: Look for a strong bullish candle close above $4.2539, an increase in volume, RSI(6) rising above 50, and MACD showing a bullish crossover.
🐻 Bearish Trade Setup: Breakdown below $4.0369 ☑️ Entry Point: $4.0300 (enter if price drops below $4.0369 with bearish momentum confirmation) 🎯 Price Target: TP1: $3.8913 TP2: $3.5125 🛑 Stop Loss: $4.0450 (above the current support) ⚠️ Confirmation: Watch for a strong bearish candle close below $4.0369, a decline in volume, RSI(6) dropping below 30, and the MACD confirming bearish momentum.
📌 Suggestion to Open Positions Today: The current price action reflects bearish momentum with a 2.56% decline and a potential MACD shift. A breakdown below $4.0369 could lead to further losses, while a rebound above $4.2539 might signal a reversal. Monitor RSI for oversold conditions and volume for momentum shifts before entering positions.
