SUI/USDT is currently in an uptrend, supported by the ascending trendline and EMAs.
SUI is currently in a consolidation phase above the EMAs (Exponential Moving Averages), which have been acting as strong support. The MACD is showing signs of consolidation. The MACD lines are getting closer, suggesting a possible bullish crossover. The histogram, with bars close to zero, reinforces that the market is in a moment of indecision. It is important to wait for a clear MACD crossover to confirm a new direction.
Support: 1.8125 / 1.7204
Resistance: 1.9341 / 2.0125
SUI is currently in a consolidation phase above the EMAs (Exponential Moving Averages), which have been acting as strong support. The MACD is showing signs of consolidation. The MACD lines are getting closer, suggesting a possible bullish crossover. The histogram, with bars close to zero, reinforces that the market is in a moment of indecision. It is important to wait for a clear MACD crossover to confirm a new direction.
Support: 1.8125 / 1.7204
Resistance: 1.9341 / 2.0125
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.