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BREAKING: ๐บ๐ธ SEC has approved NYSE options trading and contracts for the spot
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SUI on the Edge: Will Key Resistance Levels Spark a Breakout? $SUI is showing critical formations on the 1-hour chart, with indicators reflecting cautious optimism. Recent closing prices indicate a moderate uptrend, but resistance levels at $2.3123, $2.3127, and $2.3424 could challenge further gains. ๐น Support Levels: Key supports are at $2.2487, $2.2355, and $2.2231. A drop below $2.2487 may signal a bearish shift, while these levels could serve as entry points for long trades if oversold conditions arise. ๐น EMA Insights: The 9 EMA and 20 EMA are closely aligned, suggesting consolidation. A crossover above the 20 EMA could confirm bullish momentum, but current proximity indicates trader hesitation. ๐น MACD & RSI: The MACD remains bearish, but a convergence could signal a potential bullish shift. The RSI is neutral, hovering around 51.50, indicating balanced price action. #Trading #SUI #TrendingInvestments
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