SUI is showing strong bullish momentum, currently trading at $1.8811. The chart reveals a clear uptrend since late September, with the price breaking through multiple resistance levels.
Technical Indicators:
Trend: Strongly bullish with consistent higher lows and highs
Support/Resistance: Recently broke $1.80, now testing $1.90
RSI (14, SMA, 14): 58.28, indicating moderate bullish momentum
Price Predictions:
Short-term: Likely to test $1.95, potential push to $2.00
Medium-term: Could reach $2.20-$2.30 range
Risks and Considerations:
Overbought conditions: Despite the current RSI, extended rallies can lead to overbought conditions and potential pullbacks.