Sui SUI technical analysis

SUI is in a daily uptrend, trading at $1.016 after a 24h gain of 15.69%. Momentum is stretched: 4h RSI14 sits at 76 and 1D RSI14 at 70, with price well above the 4h SMA20 at 0.889845 and the 1D SMA20 at 0.781105.

The immediate battle is at 1.05508-1.05812 resistance, which has 1 touch. Below, 4h support at 0.885676-0.888724 and 0.843176-0.846224 each show 1 touch, while 0.8294-0.8369 has 3 touches. The 4h rising trendline near 0.862309 has 2 touches; the 1D equivalent sits near 0.681057.

Bulls need acceptance above 1.05508-1.05812 to extend. Bears need a break below 0.885676-0.888724, with 0.8294-0.8369 the deeper floor.