🔹 $SUI Technical Signal Breakdown – Futures & Spot Trading | Jul 29, 2025
Sui (SUI) is trading at approximately 3.8802 USDT on Binance spot, posting a ‑8.38% decline over the last 24 hours. Price ranged between 3.8727 and 4.2488 during the session.
🕯️ Candlestick Data (24 h):
• High: 4.2488
• Low: 3.8727
• Structure: Strong bearish candles with minimal lower wicks, showing downside momentum and weak buying response.
📊 Indicators:
• RSI (14): ~38 — bearish bias, no signs of reversal
• MACD: Bearish crossover confirmed; histogram expanding downwards
• ADX (14): ~28 — moderate trend strength, bears in control
• Moving Averages: Price trading below 10/20 EMA, pressure increasing
• Volume: Spiking during downward moves — indicates strong seller participation
✅ Bias: Short (Sell Signal) in both Futures and Spot Trading (for educational analysis only)
Futures Short Entry: 3.8800–3.9000 → Max Target: 3.6500
Spot Sell Entry: 3.8700–3.8900 → Max Target: 3.7000
If price breaks below 3.8500 with rising volume, sharp continuation toward 3.6000 is possible. Closest resistance sits around 4.0500. Trend favors short setups on both spot and futures.
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Disclaimer: This analysis is educational and does not constitute financial advice. Always conduct your own research and manage risk responsibly.