Today's $SUI Coin Market Analysis📊

Date: [Current 18/11/2024] 📆

Current Market Data:

- SUI Coin Price: $3.8256 (USD) 💸

- 24h High: $3.94421 ⬆️

- 24h Low: $3.5489 ⬇️

- Market Cap: $1.43B 🏆

- Trading Volume (24h): $234M 📈

- Circulating Supply: 6.07B SUI 🔒

Technical Analysis:

Indicators suggest a potential breakout:

- RSI (14): 54.21 (Neutral) ⚖️

- MACD (12, 26): Crossing above signal line (Bullish) 🚀

- Moving Averages: 50-day MA ($0.2214) and 200-day MA ($0.1948) both trending upward ⬆️

Pump Scenario:

If SUI breaks above $3.8 resistance:

- Short-term target: $4.001 (8% increase) 🚀

- Medium-term target: $4.56 (17% increase) 📈

- Long-term target: $5.490 (30% increase) 🏆

Dip Scenario:

If SUI breaks below $3.54 support:

- Short-term target: $3.32050 (9% decrease) ⬇️

- Medium-term target: $3.1850 (18% decrease) ❌

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

Key Levels:

- Resistance: $4.0001, $4.5939, $5.984 🔒

- Support: $3.54, $3.30, $2.940 🛡️

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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