SUI Price Prediction for May 25
The post SUI Price Prediction for May 25 appeared on BitcoinEthereumNews.com. The SUI price today is trading around $3.63, struggling to gain bullish momentum after an intense selloff from the $4.20 zone earlier this week. While the correction has pulled SUI price toward a key confluence of supports, the broader trend remains volatile as traders eye a directional break from the narrowing wedge visible on the intraday charts. The recent rejection near the upper Bollinger Band and descending trendline resistance has added short-term pressure. However, major moving averages and longer timeframe retracement zones continue to hold beneath price, suggesting the possibility of a reactive bounce if support levels sustain. What’s Happening With SUI’s Price? After failing to sustain above $4.00 earlier in the week, SUI price action has shifted into a downward consolidation phase, forming lower highs and flattening out near the $3.60–$3.65 mark. On the 4-hour chart, SUI is compressing within a descending triangle, with overhead resistance at $3.71 and support near $3.52. The price is trading below the 20/50/100 EMA cluster but remains above the key 200 EMA, which lies near $3.52. The Fibonacci retracement from the $5.36 high to the $1.71 low places the 0.618 zone at $3.91, which served as a rejection level on the daily time frame. Meanwhile, the 0.5 retracement at $3.54 and the 0.382 at $3.11 have turned into short-term pivots as the pair oscillates between supply and demand zones. Indicators Signal Range-Bound But Heavy Setup Momentum indicators reflect indecision across multiple timeframes. The 30-minute RSI sits at 42.5, showing mild bearish bias without being oversold, while the MACD remains under pressure with a weak histogram and flat moving averages. On the Stoch RSI, we observe a soft crossover below 50, suggesting ongoing bearish control unless a reversal spike occurs. Meanwhile, the Chande Momentum Oscillator prints –23.25, confirming bearish drive but without aggressive selling—hinting…
The post SUI Price Prediction for May 25 appeared on BitcoinEthereumNews.com.
The SUI price today is trading around $3.63, struggling to gain bullish momentum after an intense selloff from the $4.20 zone earlier this week. While the correction has pulled SUI price toward a key confluence of supports, the broader trend remains volatile as traders eye a directional break from the narrowing wedge visible on the intraday charts. The recent rejection near the upper Bollinger Band and descending trendline resistance has added short-term pressure. However, major moving averages and longer timeframe retracement zones continue to hold beneath price, suggesting the possibility of a reactive bounce if support levels sustain. What’s Happening With SUI’s Price? After failing to sustain above $4.00 earlier in the week, SUI price action has shifted into a downward consolidation phase, forming lower highs and flattening out near the $3.60–$3.65 mark. On the 4-hour chart, SUI is compressing within a descending triangle, with overhead resistance at $3.71 and support near $3.52. The price is trading below the 20/50/100 EMA cluster but remains above the key 200 EMA, which lies near $3.52. The Fibonacci retracement from the $5.36 high to the $1.71 low places the 0.618 zone at $3.91, which served as a rejection level on the daily time frame. Meanwhile, the 0.5 retracement at $3.54 and the 0.382 at $3.11 have turned into short-term pivots as the pair oscillates between supply and demand zones. Indicators Signal Range-Bound But Heavy Setup Momentum indicators reflect indecision across multiple timeframes. The 30-minute RSI sits at 42.5, showing mild bearish bias without being oversold, while the MACD remains under pressure with a weak histogram and flat moving averages. On the Stoch RSI, we observe a soft crossover below 50, suggesting ongoing bearish control unless a reversal spike occurs. Meanwhile, the Chande Momentum Oscillator prints –23.25, confirming bearish drive but without aggressive selling—hinting…
What's Your Reaction?
