$SUI
đ SUI/USDT â Technical Analysis (1D view)
Current Price
1.5693 USDT
Daily change: â11.75% (strong bearish momentum)
đ Trend & Moving Averages
MA(7): 1.5716
MA(25): 1.5705
MA(99): 1.6925
đŽ Bearish signal:
Price is below MA(99) â long-term trend is down
Price is slightly below MA(7 & MA(25) â short-term weakness
MA(7) â MA(25) â no bullish crossover
đ Support & Resistance Levels
Key Supports
1.5170 â intraday low (very important)
1.5030 â 1.4800 â next demand zone
Below 1.48 â risk of sharp continuation down
Key Resistances
1.62 â 1.64 â minor rejection zone
1.68 â strong resistance
1.80 â major breakdown level (previous high)
đ Volume Analysis
Heavy sell volume
Volume spike during red candles â distribution, not accumulation
No clear buyer dominance yet
âł Multi-Timeframe Performance
Today: â12.54%
7 Days: â13.70%
30 Days: +7.93% (recent rally now correcting)
90 Days: â39.25%
1 Year: â68.19%
âĄïž This confirms a macro downtrend with short-term relief rallies only
đ§ Market Structure Summary
Trend: Bearish
Momentum: Weak
Buyers: Defensive, not aggressive
Sellers: In control below 1.60
â ïž Trading Scenarios (Not Financial Advice)
đŽ Bearish Continuation
Break & close below 1.51
Targets: 1.48 â 1.42
Likely if BTC / market stays weak
đą Short-Term Relief Bounce
Holds 1.51â1.52
Bounce target: 1.62 â 1.68
Needs strong volume confirmation
â Trend Reversal (Unlikely Now)
Daily close above 1.70
MA(7) crossing above MA(25)
đ§ Risk Management Tip
If youâre:
Holding spot: Watch 1.51 very closely
Trading short-term: Avoid longs below 1.60 without confirmation
Using margin: High risk â volatility is elevated