SUI.. Is it at the bottom or just a short break? 🤔📉🚀
💸 Current price:
SUI coin is trading at $2.58, down about 5% over the past 24 hours, amidst active trades exceeding $930 million! 🔥
📊 Quick analysis:
The RSI indicator shows that the coin is near the 'oversold' zone at 35, which may indicate it is ready for a rebound.
Strong support between $2.62 and $1.87 protects the coin from collapse, while resistance at $3.40 looms as a potential target.
Breaking resistance at $2.80 (EMA 200) could ignite a rally! ⚡
🪙 Network activity:
Stablecoin transactions on the SUI network exceeded $40 billion in one week, surpassing Solana for the first time — something astonishing that indicates growing strength! 💪
😂 A friendly tip for investors:
If you feel that SUI is swinging like a child's swing, don't worry! This is your time to focus on support, and if it throws you up — enjoy the ride 🚀
