📊 Technical Analysis – SUI/USDT (1h)
Current Price: $1,5232
24h Change: +3,29%
24h High/Low: $1,5345 / $1,4305
📈 Current Situation:
The asset shows recovery after hitting a low of $1,4305, with a strong sequence of green candles in recent hours, breaking through the short-term moving averages. The current movement tests resistance in the region of $1,535, close to the recent high.
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📊 Moving Averages:
• MA7: $1,5090
• MA25: $1,4739
• MA99: $1,5561
SUI trades above the short-term averages, suggesting a positive short-term trend. However, the MA99 still acts as resistance in the medium term, and the price is just below it.
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📈 RSI Indicators:
• RSI(6): 68,90
• RSI(12): 60,66
• RSI(24): 52,09
The RSI(6) is approaching the overbought zone (70), indicating that the asset may face resistance in the upcoming candles, with a chance of a slight correction.
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📌 Conclusion:
SUI shows buying strength and remains in a positive short-term trend. However, it faces significant resistance in the range of $1,535–$1,556. Overcoming this region could lead the price to seek $1,60. Increasing volume reinforces the continuity scenario, but elevated RSI suggests caution for potential short-term corrections.
