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SUI Poised for Breakout: Key Indicators Suggest Rally Beyond $4.25 Resistance
SUI Poised for Breakout: Key Indicators Suggest Rally Beyond $4.25 Resistance
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
SUI maintains stability at $3.91, showing strength above crucial support levels at $3.61 and $3.11 despite a slight daily dip. The token's momentum stays strong, with an RSI of 62.75 and a bullish MACD crossover supporting upward movement.
Rising open interest alongside contracting volume indicates trader confidence in holding positions. A breakthrough above the $4.10-$4.25 resistance zone could spark SUI's next rally phase.
Technical signals point to continued bullish dominance. The 20-day and 200-day EMAs at $3.61 and $3.11 offer solid support, while the RSI remains clear of overbought conditions. Recent price activity NEAR the upper Bollinger Band suggests potential volatility on the horizon.
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