Market Analysis: $SUI / USDT ๐ป
Current Price: $4.2674
24H Change: -5.26%
24H High: $4.5979
24H Low: $4.1979
The chart shows a bearish trend with the price trading below all key moving averages (MA7, MA25, MA99), suggesting sustained selling pressure. The recent bounce from the $4.1979 support level may hint at a potential consolidation phase.
๐ Key Observations:
24H Volume: SUI at 43.85M, USDT at 193.08MClose monitoring of the $4.1979 support and $4.4633 resistance levels is crucial for upcoming moves.
๐ก Strategy Tip: Consider a cautious approach in such markets. Look for confirmed breakouts or use dollar-cost averaging (DCA) if planning long-term accumulation.
Whatโs your outlook on SUI? Let us know in the comments! ๐
