Technical analysis by CyroTrades about Symbol SUI: Buy recommendation (8/27/2025)

1D Technical Analysis for SUI at Supply Zone $3.087 On the daily timeframe, SUI is currently trading slightly above the psychological and technical supply zone at $3.087. This level represents a significant area where sellers previously stepped in, creating overhead resistance that could cap upward momentum. Price action in recent sessions shows SUI facing selling pressure near this zone, with multiple wick rejections on the daily candles hinting at potential resistance holding firm. Volume around the supply zone maintains moderate levels, suggesting active battle between buyers and sellers but no overwhelming dominance. The RSI at a near-neutral level (~52) on the daily suggests indecision and room for further moves either way without being overbought or oversold. MACD and short-term EMAs display mixed signals: momentum is balanced but leaning slightly bullish if price can defend above this zone. If SUI can decisively break and hold above $3.087 supply, it would likely open path targets around $3.45–$4.00, with analyst resistance clusters noted near $3.67 and $4.00 in the medium term. Failure to hold above this supply zone risks a rejection down to strong support areas closer to $2.50–$2.70, which aligns with previous consolidation ranges and long-term demand.