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📊NEUTRAL: $SUI by MarsSignals (1D)
#SUIUSDT | #SUI | #Sui
Current Price $0.89
Market Cap $2.17B
Change 1h -0.71% | 24h -0.17%

Daily Indicators:

• RSI: 41 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.98 - Below 🔴

Analysis:
SUI/USDT is currently trading at $0.8989 with recent bearish pressure, down by -2.30%. The MACD and RSI indicators suggest a bearish trend. Watching closely for support at $0.7641, could see a potential reversal if support holds.

Price Targets:
If the trend reverses, look for resistance at $1.0031 (R1) and potentially $1.1984 (R2). On the downside, if the bearish trend continues, watch for the price to test the support around $0.7641 (S1) and possibly lower.
📈LONG: $SUI by MarsSignals (1D)
#SUIUSDT | #SUI | #Sui
Current Price $0.86
Market Cap $2.10B
Change 1h +0.43% | 24h -4.32%

Daily Indicators:

• RSI: 38 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.97 - Below 🔴

Analysis:
The SUIUSDT.1D pair shows a bullish move from the current low of $0.899 despite a persistent downtrend since May. Dominant red candles emphasize the selling pressure, but a recent uptick hints at possible recovery. Indicators like the RSI and MACD show potential trend reversals.

Price Targets:
Immediate resistance sits at $1.0031 (R1) and further at $1.1984 (R2). Support levels are noticeable at $0.7641 (S1) and $0.7530 (S2). Keep an eye on these price points for potential trade opportunities!
📉SHORT: $SUI by Stoic-Trader (4H)
#SUIUSDT | #SUI | #Sui
Current Price $0.88
Market Cap $2.13B
Change 1h -1.17% | 24h -2.03%

4-Hourly Indicators:

• RSI: 47 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.88 - Below 🔴

Analysis:
After completing the ABC correction, SUI has finished its first leg to the downside. The chart indicates we might see more bearish movement, aiming next at a key level. However, keep in mind, if the price goes above the high of 0.9433, this analysis would be invalidated.

Price Targets:
We're eyeing the next major target at 0.78. The downside momentum could drive the price towards or even below this level. Watch out for any movements above 0.9433, as it would nullify this bearish outlook. Happy trading!
📈LONG: $SUI by TraderAAG (4H)
#SUIUSDT | #SUI | #Sui
Current Price $0.85
Market Cap $2.06B
Change 1h -0.06% | 24h +2.45%

4-Hourly Indicators:

• RSI: 46 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.86 - Below 🔴

Analysis:
#SUI/USDT has struggled to break through the diagonal trendline twice on the 4-Hour timeframe, indicating a strong resistance. To shift to a bullish trend, SUI must surpass this trendline convincingly. Local resistance is pegged at $0.885, while local support holds at $0.75.

Price Targets:
If SUI can break above the trendline and sustain that movement, it may target $0.885 first. Should this resistance be breached, the next targets could be $1.00 and potentially as high as $1.20. Conversely, if it fails to maintain above the trendline, a retest of $0.75 support is likely.