The $SUI /USDT pair is currently trading at $1.4709, showing a -6.62% change in the last 24 hours.
Key Levels: 24h High at $1.5803 and 24h Low at $1.4305.
Volume Action: 24h Volume (USDT) is significant at $79.06M.
Momentum Check: MACD is showing a faint bullish crossover with DIF (0.0009) slightly above DEA (0.0008), and MACD (0.0001). This suggests minor positive momentum, but the overall price action reflects recent downward pressure.
Moving Average (MA): Price is currently hovering very close to the MA60 ($1.4690), which acts as a crucial short-term support/resistance level to watch!
$SUI is a prominent Layer 1 blockchain known for its high speed and parallel transaction processing. With the price near a short-term MA support, which way will it break? 📈📉
What's your take? Will $SUI consolidate and bounce back, or see a further dip? Drop your analysis! 👇
#SUI #cryptotrading #BinanceSquare
