2025/6/24 #SUI $SUI Current trend assessment: short-term Rebound market, but overall still in the adjustment phase of a fall trend.

Key Indicator Analysis:
1. Price Trend:
The latest closing price of 2.8499 has rebounded 21% from the previous low of 2.3549( on June 22, ).
But there is still a gap of nearly 10% from the peak of 3.1589 on June 16.
Forming a short-term Rebound pattern of "gradually raising the low points"
2. MACD Indicator:
The MACD histogram has 5 consecutive bullish bars ( 0.034788→0.051859 )
The DIF line (-0.012348) is about to cross the zero axis.
The short-term momentum is strengthening.
3. Moving Average System:
The fast line EMA(2.649) is about to golden cross the slow line EMA(2.661)
But the price is still below all EMAs and has not formed a bullish arrangement.
4. Trading Volume:
During the rebound period, the trading volume expanded moderately. On June 23, a large volume appeared.
But the latest K-line volume has shrunk, so caution is needed.
5. RSI Indicator:
RSI rebounded from the oversold zone of 17.7 to 62.1
Just entered the strong zone, but not yet overbought.
6. StochRSI:
K value ( 96.9) and D value ( 96.5) are both in the overbought area.
Show that there may be rebound pressure in the short term.
Operation suggestion:
1. The short-term can be seen as a Rebound market, but the trend reversal has not yet been confirmed.
2. Key resistance level: 3.15
3. Support level: 2.3-2.4
4. If it breaks 2.86 and confirms with a pullback, it may shift to an upward trend.
5. If it falls below 2.52, it may return to the downtrend channel.
Risk Warning:
Be cautious of the pullback risk after StochRSI is overbought, and it is recommended to closely monitor changes in trading volume and the breakthrough of the key level at 2.86. Currently, it is more appropriate to regard this as a rebound in a downtrend rather than a reversal.