🚀 “SUI Rebound in Full Swing! Are You Ready to Ride the Wave?” 🚀

📊 Technical Analysis for SUI:

1️⃣ Current Price: $4.8152 (+31.83% in 24h)

2️⃣ RSI Levels: Overbought territory at RSI(6) 76.90, suggesting strong bullish momentum.

3️⃣ Moving Averages (MAs):

• MA(7): $4.20 - SUI is trading above short-term resistance!

• MA(25): $3.73 - Mid-term support strengthening.

• MA(99): $2.36 - A long-term bullish setup forming.

4️⃣ Money Flow Analysis:

• Inflow: $1.96M (Net Positive Buying Pressure)

• Medium Orders Dominant: Strong institutional interest driving prices higher.

5️⃣ Volume Spike: 🚀 Significant volume surge indicating growing market participation.

📈 Bullish Targets for SUI:

1. $5.20 💥 (Immediate Resistance)

2. $6.00 🔥

3. $7.25 🚀

4. $8.00 🌕

5. $10.00 🎯 (Psychological Barrier)

🔑 Why SUI is Buzzing:

• Layer-1 blockchain gaining traction for its innovative approach.

• Large positive inflow momentum, indicating confidence among whales.

• SUI reclaiming its spot as a favorite among traders due to its massive upside potential.

⚠️ Market Outlook:

If volume and RSI remain elevated, SUI could easily hit its next targets. However, short-term pullbacks may occur due to high RSI. DYOR!

#SUI #CryptoNews