SUI eyes breakout as Nasdaq files to list 21Shares SUI ETF
Sui Token Recovery: Sui (SUI) is experiencing a recovery, trading at $3.46 after rebounding from a low of $2.92, driven by increased institutional momentum and a significant rise in trading volume following the Nasdaq's filing for a SUI ETF.
Market Analysis: Technical indicators suggest potential bullish momentum for SUI, with price action near key resistance levels; however, failure to break above these could lead to a decline towards support levels between $3.20 and $3.00.
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Technical Analysis for SUI
Technical Sentiment Analysis for Sui (SUI) As of , Sui (SUI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SUI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SUI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sui (SUI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.305 | 0.547 | 0.796 | 1.037 | 1.286 | 1.528 | 1.777 |
| Fibonacci | 0.547 | 0.734 | 0.85 | 1.037 | 1.225 | 1.34 | 1.528 |
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