Quick summary
Right now SUI is trading around $3.18–$3.27 (mid-$3.2s) and overall the picture is sideways-to-slightly-bullish intraday, but mixed to neutral on the daily — momentum is not decisively trending.
Key indicator readouts (latest)
RSI (14): roughly ~48–57 depending on the feed/timeframe — near neutral territory (no strong overbought/oversold). This suggests range-bound behaviour rather than a strong trend.
MACD (12,26): slightly negative / near zero — weak bearish bias on some feeds but essentially flat — supports the “no clear momentum” view.
Moving averages: short-term MAs (MA5/MA10/MA20) are clustering near price (mixed buy/sell signals), MA50–MA200 are slightly above price on some feeds — overall moving averages give a neutral-to-mild-buy tilt intraday but not a strong trend. Example numeric MAs (Investing): MA5 ≈ 3.18–3.23, MA20 ≈ 3.22, MA50 ≈ 3.25, MA200 ≈ 3.25–3.29.
ADX: ~26–29 (near the 25 threshold) — indicates a weak-to-developing trend but not strong.
ATR(14): ~0.03–0.033 (USD) — current average true range suggests typical intraday volatility around ~$0.03. Use this for volatility-based stops.
Practical support / resistance / pivots (short-term)
Immediate support zone: $3.15–3.18 (recent intraday lows / pivot S1).
Immediate resistance: $3.29–3.32 (recent highs / pivot R1).
Key pivot median: ~$3.18–3.24 (price is oscillating around these).
(These pivot ranges come from the same technical tables / pivot outputs.)
Short-term trading setups (ideas, not advice)
Scalp / intraday (if you trade fast): look to buy quick pullbacks into $3.16–3.19 with a tight stop ~ATR × 1.5 (~$0.05 below entry) and target the next resistance $3.28–3.32 for a ~1:1–1.5:1 RR. Volume confirmation and price holding above MA10/MA20 improves odds.
Breakout (if price clears resistance): a clean daily close above $3.33 with rising volume and MACD turning positive would validate a bullish continuation; target measured moves using recent swing height.
Short / mean-reversion: if price fails to hold $3.15 with momentum and ADX rising, consider shorting toward the next structural support (watch liquidity/exchange spreads). Use ATR-based stops.
Risk management (practical)
Use position sizing so your max risk per trade ≤ 1–2% of equity.
Place stops visually beyond structure and scaled to ATR (e.g., stop = entry − 1.5–2 × ATR). With ATR ≈ $0.03, a 1.5× ATR stop ≈ $0.045.
How I’d watch this over the next 24–72 hours
Watch volume on moves above $3.29 or below $3.15 — volume confirms breakout/failure.
Watch MACD crossing and RSI moving decisively above 60 (bull) or below 40 (bear) for trend confirmation.
If ADX climbs >30 while price is moving, trend-following setups gain edge.
Sources & live-data references
I pulled live technical tables, moving averages, RSI/MACD/ATR and pivot levels from Investing.com (SUI/USD technical pages), and live price ticks from major exchanges / market aggregators.
Right now SUI is trading around $3.18–$3.27 (mid-$3.2s) and overall the picture is sideways-to-slightly-bullish intraday, but mixed to neutral on the daily — momentum is not decisively trending.
Key indicator readouts (latest)
RSI (14): roughly ~48–57 depending on the feed/timeframe — near neutral territory (no strong overbought/oversold). This suggests range-bound behaviour rather than a strong trend.
MACD (12,26): slightly negative / near zero — weak bearish bias on some feeds but essentially flat — supports the “no clear momentum” view.
Moving averages: short-term MAs (MA5/MA10/MA20) are clustering near price (mixed buy/sell signals), MA50–MA200 are slightly above price on some feeds — overall moving averages give a neutral-to-mild-buy tilt intraday but not a strong trend. Example numeric MAs (Investing): MA5 ≈ 3.18–3.23, MA20 ≈ 3.22, MA50 ≈ 3.25, MA200 ≈ 3.25–3.29.
ADX: ~26–29 (near the 25 threshold) — indicates a weak-to-developing trend but not strong.
ATR(14): ~0.03–0.033 (USD) — current average true range suggests typical intraday volatility around ~$0.03. Use this for volatility-based stops.
Practical support / resistance / pivots (short-term)
Immediate support zone: $3.15–3.18 (recent intraday lows / pivot S1).
Immediate resistance: $3.29–3.32 (recent highs / pivot R1).
Key pivot median: ~$3.18–3.24 (price is oscillating around these).
(These pivot ranges come from the same technical tables / pivot outputs.)
Short-term trading setups (ideas, not advice)
Scalp / intraday (if you trade fast): look to buy quick pullbacks into $3.16–3.19 with a tight stop ~ATR × 1.5 (~$0.05 below entry) and target the next resistance $3.28–3.32 for a ~1:1–1.5:1 RR. Volume confirmation and price holding above MA10/MA20 improves odds.
Breakout (if price clears resistance): a clean daily close above $3.33 with rising volume and MACD turning positive would validate a bullish continuation; target measured moves using recent swing height.
Short / mean-reversion: if price fails to hold $3.15 with momentum and ADX rising, consider shorting toward the next structural support (watch liquidity/exchange spreads). Use ATR-based stops.
Risk management (practical)
Use position sizing so your max risk per trade ≤ 1–2% of equity.
Place stops visually beyond structure and scaled to ATR (e.g., stop = entry − 1.5–2 × ATR). With ATR ≈ $0.03, a 1.5× ATR stop ≈ $0.045.
How I’d watch this over the next 24–72 hours
Watch volume on moves above $3.29 or below $3.15 — volume confirms breakout/failure.
Watch MACD crossing and RSI moving decisively above 60 (bull) or below 40 (bear) for trend confirmation.
If ADX climbs >30 while price is moving, trend-following setups gain edge.
Sources & live-data references
I pulled live technical tables, moving averages, RSI/MACD/ATR and pivot levels from Investing.com (SUI/USD technical pages), and live price ticks from major exchanges / market aggregators.
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.
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.