$SUI below 1.182: next rebound or drop?
$SUI is trading at US$1.187, down 1.12% over 24 hours. Over the same period, $ADA is up +9.2% and $NEAR +2.3%, both on strong volume.
The daily range is between 1.182 and 1.266, while the EMA20 at 1.198 and EMA50 at 1.166 point to a sideways trend. The RSI at 49.4 indicates a lack of clear momentum.
Key support levels are 1.181 and 1.132; immediate resistance is at 1.216, with the next level at 1.266. If the price breaks above 1.216, the next target would be the 1.266 area. A rebound below 1.181 would invalidate the bullish scenario.
On the bearish side, a drop below 1.132 would open the door to a pullback toward 1.082. Binance futures show negative funding (-0.0073%) and 71% of accounts are long, suggesting bullish pressure but also a risk of liquidations if the market reverses.
Will we see a breakout above 1.216, or will the price test 1.181 again? 🟢/🔴
#SUI #DeFi #Binance
This is not financial advice. Do your own research before investing.
$SUI is trading at US$1.187, down 1.12% over 24 hours. Over the same period, $ADA is up +9.2% and $NEAR +2.3%, both on strong volume.
The daily range is between 1.182 and 1.266, while the EMA20 at 1.198 and EMA50 at 1.166 point to a sideways trend. The RSI at 49.4 indicates a lack of clear momentum.
Key support levels are 1.181 and 1.132; immediate resistance is at 1.216, with the next level at 1.266. If the price breaks above 1.216, the next target would be the 1.266 area. A rebound below 1.181 would invalidate the bullish scenario.
On the bearish side, a drop below 1.132 would open the door to a pullback toward 1.082. Binance futures show negative funding (-0.0073%) and 71% of accounts are long, suggesting bullish pressure but also a risk of liquidations if the market reverses.
Will we see a breakout above 1.216, or will the price test 1.181 again? 🟢/🔴
#SUI #DeFi #Binance
This is not financial advice. Do your own research before investing.
