$SUI Analysis: Strong Recovery on Key Levels
Current Price: $4.57 (+9.87%)
24h Range: $3.49 - $4.61
Indicators to Watch:
RSI at 57 indicates neutral momentum, with room for further upside if buying pressure continues
MACD is nearing a bullish crossover, suggesting a potential uptrend
The price is well above the 99-day Moving Average (MA), highlighting solid long-term support
My Analysis & Suggestion:
SUI has shown significant strength after bouncing from $3.87, gaining nearly 10% within 24 hours. If the price breaks the $4.60 resistance, it could push toward the $5.00 psychological level. On the downside, $4.20 serves as an immediate support level, with $3.90 offering stronger backing.
Traders may consider entering in the $4.50-$4.60 range if momentum remains strong. For those looking for safer entries, waiting for a confirmed breakout above $4.60 could reduce risk