$SUI / USDT Chart Analysis🚀

Current Price: 4.3312 USDT

24H High: 4.5951 USDT

24H Low: 4.1640 USDT

24H Volume (SUI): 111.56M

24H Volume (USDT): 491.26M

Technical Analysis:

The SUI/USDT chart is currently showing a bearish trend with the price trading below the 7, 25, and 99 Moving Averages. The recent price action has been volatile, with a significant drop from the 24H high. The RSI is currently below 50, indicating bearish momentum.

Key Levels:

* Resistance: 4.5951 (24H High), 4.6167 (Depth Chart)

* Support: 4.1640 (24H Low), 4.1424 (Depth Chart)

Trading Strategy:

* Short-Term: Traders could consider shorting SUI/USDT with a stop-loss above the 24H high. The target could be the 24H low or the 4.1424 support level.

* Long-Term: Long-term investors might want to wait for a clear bullish reversal signal before entering a long position.

Disclaimer: This is not financial advice. Please do your own research before making any trading decisions.