$SUI / USDT Technical Update

$SUI is currently trading around $1.83–$1.92, showing a mild upward move over the last 24 hours. Overall market structure remains neutral for now.

Price is trading below the 50 SMA, which reflects short-term pressure, while holding above the 200 SMA, keeping the long-term trend bullish.

RSI is in the neutral zone, and MACD is still on a Buy, although momentum appears to be slowing.

Key Support: $1.78 – $1.69

Key Resistance: $1.90 – $2.00

A strong break above $1.90 with volume could confirm bullish continuation. Otherwise, price may continue to consolidate.

Outlook: Neutral to mildly bullish — watch for breakout confirmation.

DYOR

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