Today's $SUI Coin Market Analysis๐
Date: [Current 18/11/2024] ๐
Current Market Data:
- SUI Coin Price: $3.8256 (USD) ๐ธ
- 24h High: $3.94421 โฌ๏ธ
- 24h Low: $3.5489 โฌ๏ธ
- Market Cap: $1.43B ๐
- Trading Volume (24h): $234M ๐
- Circulating Supply: 6.07B SUI ๐
Technical Analysis:
Indicators suggest a potential breakout:
- RSI (14): 54.21 (Neutral) โ๏ธ
- MACD (12, 26): Crossing above signal line (Bullish) ๐
- Moving Averages: 50-day MA ($0.2214) and 200-day MA ($0.1948) both trending upward โฌ๏ธ
Pump Scenario:
If SUI breaks above $3.8 resistance:
- Short-term target: $4.001 (8% increase) ๐
- Medium-term target: $4.56 (17% increase) ๐
- Long-term target: $5.490 (30% increase) ๐
Dip Scenario:
If SUI breaks below $3.54 support:
- Short-term target: $3.32050 (9% decrease) โฌ๏ธ
- Medium-term target: $3.1850 (18% decrease) โ
- Long-term target: $2.9600 (28% decrease) ๐จ
Key Levels:
- Resistance: $4.0001, $4.5939, $5.984 ๐
- Support: $3.54, $3.30, $2.940 ๐ก๏ธ
Conclusion:
Today's market analysis suggests a potential breakout for SUI Coin. Keep a close eye on resistance levels ($0.2450) for a potential pump. However, if support levels ($0.2250) are breached, a dip may occur.
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