The Relative Strength Index (RSI) isn’t just for spotting overbought or oversold levels—it can also help you find support and resistance zones. • In uptrends, RSI often bounces near 40–50. This can act like support. • In downtrends, RSI struggles to move past 50–60, which can be resistance.
📊 Current Price: ~$103,685 📈 RSI (6): 46.17 – Neutral zone  
The RSI is hovering around 46, indicating a balanced market without strong overbought or oversold conditions.
Why This Matters: • In uptrends, RSI often finds support near 40–50. • In downtrends, RSI may face resistance around 50–60.
Currently, RSI is near the lower end of the neutral range, suggesting potential support if the price holds above key levels.
Current Price: $0.1844 24h Change: +7.12% 24h High / Low: $0.1906 / $0.1701 24h Volume: $47.84M Market Cap: $29.58M
Key Technical Indicators: - Moving Averages: The price is slightly above the 60-period moving average (~$0.1758), indicating potential short-term support. - Momentum: Mildly bearish but stabilizing around a key technical level.
Support & Resistance Levels Support Zone: $0.1696–$0.1750 Immediate Resistance: $0.1800–$0.1845
Sui (SUI) is trading at $3.98, showing a modest increase of +2.31% over the past 24 hours. With its innovative Layer-1 architecture and rising adoption, SUI is capturing the attention of traders seeking potential gains.
Some Technical Analysis performed on SUI/USDT: Support Level: $3.50 Resistance Level: $4.50 Trend: Bullish continuation pattern observed on the 4-hour chart
Indicators: RSI: Currently at 65, indicating bullish momentum MACD: Positive crossover, suggesting upward price movement
Suggested Strategy: Entry Point: Consider entering near the support level of $3.50 Target Price: Aim for the resistance level at $4.50 Stop-Loss: Set a stop-loss at $3.20 to manage risk.