$SUI is moving fast — and this is exactly where traders need to stay sharp.
On the 15M chart, SUI is around $1.022, up over 25%, with price holding above the MA(7), MA(25), and MA(99). That alignment keeps the short-term structure bullish.
But there’s a catch: RSI(6) is around 75, showing the move is getting overheated. The bigger battle is now around $1.03–$1.05, an important resistance/supply area also highlighted in recent technical analysis. A clean breakout with strong volume could open the door toward $1.15, while rejection could send $SUI back toward the $1.00 / $0.98 area.
Fundamentally, Sui is also gaining attention from new payment and infrastructure developments.
#SUI🔥 #ECBStartsBlockchainEuroSettlement #SouthAfricaProposesCryptoExchangeControls
On the 15M chart, SUI is around $1.022, up over 25%, with price holding above the MA(7), MA(25), and MA(99). That alignment keeps the short-term structure bullish.
But there’s a catch: RSI(6) is around 75, showing the move is getting overheated. The bigger battle is now around $1.03–$1.05, an important resistance/supply area also highlighted in recent technical analysis. A clean breakout with strong volume could open the door toward $1.15, while rejection could send $SUI back toward the $1.00 / $0.98 area.
Fundamentally, Sui is also gaining attention from new payment and infrastructure developments.
#SUI🔥 #ECBStartsBlockchainEuroSettlement #SouthAfricaProposesCryptoExchangeControls
