$SUI

Fights to Maintain Momentum Above $4.51 – Will Bulls Regain Control?

SUI is trading at $4.5127, showing a minor dip of 0.02% over the last 24 hours. After surging from a low of $4.0779 to a 24-hour high of $4.7630, the token is experiencing some resistance near the $4.58 level. This pullback suggests a potential consolidation phase, with trading volume reaching an impressive 105.98M SUI, indicating strong market activity.

The RSI at 54.25 suggests a balanced momentum, while the MACD indicates a positive bias, hinting at the potential for renewed buying pressure. Key support lies at $4.42, a level critical for sustaining bullish sentiment. A breakout above $4.76 could trigger a rally to higher levels, while a drop below $4.42 may signal further retracement.

Traders should watch these levels closely, as SUI approaches a pivotal point that could define its short-term trend. Tight risk management is recommended in this volatile phase. #Write2Earn! #Fed25bpRateCut #BinanceAlphaAlert