#PriceTrendAnalysis $SUI chart shows golden cross - price may recover above $4

Over the past 24 hours and the past two weeks, the Sui (SUI) token has increased in price by 5.7% and 10%, respectively. However, despite the growth, the cryptocurrency still remains in a bearish trend. However, it may soon turn bullish

Let's figure out what's happening on the Sui (SUI) market and what to expect from the cryptocurrency price.

Waiting for a bullish reversal

The Chaikin Money Flow (CMF) indicator is currently in an uptrend: two days ago it was at -0.35, and by the time of publication it had risen to -0.06.

The growth of the indicator is a signal that the selling pressure is starting to weaken. However, the indicator is still in the negative zone despite the growth: this means that the outflows in the SUI market still exceed the inflows. In general, the current investor sentiment can be described as cautious.