$SUI /USDT Technical & Market Analysis

Current Overview:

SUI/USDT is currently trading at $1.6275, reflecting a decrease of 4.55% in the past 24 hours.

Market Sentiment:

The price is currently below the 7-day moving average, indicating potential short-term bearish sentiment. However, it remains significantly above the longer-term moving averages, suggesting overall strength.

Price Update:

- Current Price: $1.6275 (-4.55%)

- 24h High: $1.7431

- 24h Low: $1.6003

Moving Averages (MA):

- MA (7): $1.6157

- MA (25): $1.1896

- MA (99): $0.9008

Volume & Trading Data:

- 24h Trading Volume (SUI): 113.23M

- 24h Trading Volume (USDT): 190.05M

Depth Analysis:

- Resistance Level: $1.7431

- Support Level: $1.6003

24h Performance:

SUI has seen a high of $1.7431 and a low of $1.6003 in the last 24 hours, indicating notable volatility in the market.

Trading Platform:

Binance continues to be the main exchange for trading SUI/USDT, providing substantial liquidity for traders.

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