Current Market Status:
Price: $3.22 USD (+3.37% in the last 24 hours)
Market Cap: $9.92 billion USD
24h Trading Volume: $1.24 billion USD
🔍 Technical Insights:
📈 Moving Averages:
SUI is trading below its 50-day and 200-day moving averages, indicating a bearish trend. coinlore.com
📉 RSI (Relative Strength Index):
The RSI is at 35.08, suggesting that SUI is approaching oversold conditions, which could lead to a potential rebound. coinlore.com
📊 Trading Volume:
A significant increase in trading volume reflects growing investor interest.
🎯 Key Levels:
Support: $2.88 USD
Resistance: $3.22 USD
Sui is showing signs of a bearish trend, with technical indicators suggesting caution. Monitoring the $2.88 support and $3.22 resistance levels will be crucial for anticipating SUI's next move.
⚠️Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research before making investment decisions.