#USStablecoinBill

After rising by about 70% in recent weeks, SUI faced a rapid correction, losing 10% of its value over the past three days. Despite the strong upward momentum that brought the altcoin into the spotlight, the sudden pullback has not disturbed investors.

The overall outlook for SUI remains intact, as on-chain metrics and market indicators suggest that this decline may be nothing more than a cooling off.

SUI investors can rejoice

The 50-day exponential moving average is about to cross above the 200-day exponential moving average. This close crossover indicates that SUI may soon witness a golden cross — a strong technical signal indicating a shift in long-term momentum.