$SUI 📊 SUI/USDT 24-hour quick analysis | August 12, 2024
Current price: approximately 0.905 USDT (according to the latest price on the chart)
📈 Short-term trends:
It showed a high degree of volatility within 24 hours, rising first and then falling, falling from a high of about 0.93 USDT
🔍 Key price points:
Support: 0.880-0.890 USDT area
Resistance: 0.920-0.930 USDT area
💡 Trading advice:
- Go long: A breakout of 0.915 USDT may be a rebound signal, with stop loss set below 0.895 USDT
- Short selling: USDT may continue to decline if it falls below 0.880 USDT, and the stop loss is set above 0.900 USDT
📊 Trading volume analysis:
It can be seen from the heat map that the trading volume in the 0.880-0.920 USDT range is relatively large, which may be an important trading range.
⚠️ Risk warning:
- As an emerging public chain project, SUI’s price may fluctuate greatly.
- Currently in a volatile trend, please operate with caution
- Pay attention to project development, ecosystem expansion and overall market sentiment changes
- The cryptocurrency market is highly volatile, and it is recommended to strictly control positions and risks.
💡Market Insights:
- The recent significant fluctuations in SUI may be related to project progress and changes in market expectations
- The 0.880-0.890 USDT area may form short-term support. Pay attention to whether it can stabilize and rebound.
- As an emerging public chain, SUI’s price trend reflects the market’s attitude towards new technologies and ecosystems
#SUI #公鏈 #加密貨幣 #技術分析 Disclaimer: This analysis is for reference only and does not constitute investment advice. The cryptocurrency market has high risks, so investment needs to be cautious.
$SUI