🚨 Technical analysis for the currency $SUI | Daily frame
🔹 Current price: 1.48$
– The price structure is still Lower Highs → Downtrend.
– The price is moving within a demand zone between 1.40 – 1.30.
– There is a strong supply zone at 1.80 – 2.00.
– The last movement is a weak rebound without a clear structural break.
– The RSI indicator is below 50 → momentum is relatively negative.
🔼 Positive scenario (upward):
In case of breaking and stabilizing above 1.65$
🎯 1.85$ – 2.05$ – 2.25$
🔽 Negative scenario (downward):
In case of breaking 1.40$
❌ 1.25$ – 1.10$
📌 Note: The trend remains downward unless supply zones are broken.
⚠️ Disclaimer: This analysis is for educational purposes only and does not represent financial advice.