Sui 2.68% 24h decline driven by profit-taking and ETF speculation cooldown
1. Post-ETF Filing Cooldown: SUI dropped 2.68% to $3.1624 as initial excitement over the 21Shares ETF filing faded, prompting profit-taking and short-term volatility.
2. Active Trading, Mixed Sentiment: 24-hour trading volume reached $675.4M, with SUI up 4.12% against USD over 7 days but down 2.68% in the last 24 hours, reflecting mixed market sentiment.
3. Testing Key Support: SUI is approaching key support at $3.09, with resistance at $3.43; neutral sentiment (Fear & Greed index 50) and recent price consolidation signal indecision.