$SUI
Prices rebound after volatility: Trading volume 11% above 30-day average,
Cryptocurrency SUI has shown extreme volatility in the last 24 hours and has seen an intraday change of about 7.3%.
$SUI price fell to $2.71 at the beginning of the day, but later faced a hurdle at the resistance level of $2.82 after a short rise to $2.92.
Unable to overcome this resistance level, the price again showed a tendency to close near $2.78.
During this period, there was also an extraordinary increase in trading volume, which was 11% above the 30-day average, which shows high interest and activity of investors in the market.
This excess volume gave rise to severe price fluctuations, which caused uncertainty for both buying and selling groups.
According to the analytical model, $2.82 Investors have started adopting a cautious attitude due to the price not being stable at the resistance of ,
On the other hand, the support level between $2.72 and $2.75 dollars provided stable resistance and the price returned to this range several times,
As a result, it is likely that trading activities may be limited to some extent and investors may come to a wait-and-see attitude to assess short-term trends,
According to technical analysis, $SUI fluctuated between 2.71 and 2.92 dollars in a 24-hour period, where the price saw a 9.1% decline around 8 am,
The price increased by 1.5% around 6 pm, but this increase could not last long and the price returned to the level of 2.78 dollars,
Overall, this session has reflected the uncertainty and activity in the price of SUI in the crypto market, which shows that investors are cautious in short-term decisions. are taking action.