$SUI "Trading Overview and analysis for SUI

$SUI has declined , currently trading at $1.7899, reflecting bearish momentum. Over the past 24 hours, the price has fluctuated between $1.7438 and $1.9335, with the increase driven by strong trading volume, indicating robust buying at lower prices and pushing the price toward the session's upper limit. The resistance level is set at $1.9335, and a break above this could signal continued bullish movement and potential for higher prices. On the downside, $1.7438 acts as key support, and a drop below this point could suggest a reversal and a possible shift to bearish sentiment.

Traders may find strategic entry and exit points around these levels, with the current bullish outlook favoring holding positions or entering on minor dips as long as the price stays above the key support level.