đ $SUI Technical Analysis October 08, 2025: PRICE STANDS AT $3.4783 WITH BEARISH SHORT-TERM SIGNALS BUT NEUTRAL RSI HINTING AT STABILIZATION đ
đ Market Insight
âą Current Price: $3.4783 USDT
âą Moving Averages (EMAs) show mixed signals, with the price below short-term EMAs, indicating recent downward pressure, but hovering near longer-term EMAs, suggesting potential support nearby.
âą Volume is moderate at $102.84M in 24h (USDT), reflecting steady trading activity during the consolidation phase.
âą RSI levels are neutral, pointing to balanced momentum with room for either direction depending on volume shifts.
đ Important Levels to Watch
đŒ Resistance Levels:
$3.517
$3.526
$3.626
đœ Support Levels:
$3.425
$3.299
$3.190
đĄ TRADE PLANS:
đ Bullish Trade Setup: Rebound above $3.517
âïž Entry Point: $3.520 (enter if price breaks above $3.517 with bullish momentum confirmation)
đŻ Price Target:
TP1: $3.526
TP2: $3.626
đ Stop Loss: $3.450 (below EMA200 to manage risk)
â ïž Confirmation: Look for a strong bullish candle close above $3.517, increasing volume, RSI(6) above 50, and positive price action reclaiming short-term EMAs.
đ» Bearish Trade Setup: Breakdown below $3.425
âïž Entry Point: $3.420 (enter if price falls below $3.425 with bearish momentum confirmation)
đŻ Price Target:
TP1: $3.299
TP2: $3.190
đ Stop Loss: $3.450 (above recent lows)
â ïž Confirmation: Watch for a strong bearish candle close below $3.425, sustained volume on downside, RSI(6) below 35, and breakdown below EMA200.
đ Suggestion to Open Positions Today:
Sui has pulled back to $3.4783, testing below short-term EMAs after a 24h high of $3.5171, but itâs finding footing near the EMA200 with RSI holding neutral. Moderate volume indicates low conviction in the downside, and a rebound toward $3.626 is feasible on positive catalysts. However, a breach below $3.425 could push toward $3.190. Watch for volume spikes and RSI crossovers before committing.