$SUI: update 24th May 2025

🚀 SUI – One of the Top Picks This Cycle
I'm closely following SUI, which I believe is one of the strongest altcoins of this cycle.
If you've been following me, you probably caught the entry in the green box, which once again turned out to be a perfect buy zone.
If not, and you're still on the sidelines, this update is for you.

⚠️ Warning Signs After the Pump
After the recent massive pump, we’re seeing clear bearish divergence on the RSI — a strong signal that a correction is incoming. The natural support level for this pullback is around $3.20.
And let’s be honest — the lower it dips, the better the entry.

But if $3.20 doesn’t hold, we could see a quick dump back to the green box, which would be an ideal re-entry point just in time for the next leg of the altseason, likely starting September 2025.

🔍 Indicators Breakdown

• MACD (Daily): Overheated and needs to cool down
  
• RSI: Bearish divergence is clearly forming and needs to play out
  
• Vortex: Signaling upcoming bearish pressure
  

📈 What’s Next?

• This is a monitoring phase. Watch for:
  
• Support at $3.20
  
• Stronger support at $2.20 (green box)
  
• Target: $5+ in the medium term
  

This pullback could extend into August, so be ready to enter before September, when we expect the next explosive move.

📌 Follow me for updates and don’t forget to DYOR.

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