Today's $SUI Coin Market Analysis๐Ÿ“Š

Date: [Current 18/11/2024] ๐Ÿ“†

Current Market Data:

- SUI Coin Price: $3.8256 (USD) ๐Ÿ’ธ

- 24h High: $3.94421 โฌ†๏ธ

- 24h Low: $3.5489 โฌ‡๏ธ

- Market Cap: $1.43B ๐Ÿ†

- Trading Volume (24h): $234M ๐Ÿ“ˆ

- Circulating Supply: 6.07B SUI ๐Ÿ”’

Technical Analysis:

Indicators suggest a potential breakout:

- RSI (14): 54.21 (Neutral) โš–๏ธ

- MACD (12, 26): Crossing above signal line (Bullish) ๐Ÿš€

- Moving Averages: 50-day MA ($0.2214) and 200-day MA ($0.1948) both trending upward โฌ†๏ธ

Pump Scenario:

If SUI breaks above $3.8 resistance:

- Short-term target: $4.001 (8% increase) ๐Ÿš€

- Medium-term target: $4.56 (17% increase) ๐Ÿ“ˆ

- Long-term target: $5.490 (30% increase) ๐Ÿ†

Dip Scenario:

If SUI breaks below $3.54 support:

- Short-term target: $3.32050 (9% decrease) โฌ‡๏ธ

- Medium-term target: $3.1850 (18% decrease) โŒ

- Long-term target: $2.9600 (28% decrease) ๐Ÿšจ

Key Levels:

- Resistance: $4.0001, $4.5939, $5.984 ๐Ÿ”’

- Support: $3.54, $3.30, $2.940 ๐Ÿ›ก๏ธ

Conclusion:

Today's market analysis suggests a potential breakout for SUI Coin. Keep a close eye on resistance levels ($0.2450) for a potential pump. However, if support levels ($0.2250) are breached, a dip may occur.

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#CryptoAMA

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