💥💥 𝗞𝗲𝘆 𝗣𝗼𝗶𝗻𝘁𝘀 𝗳𝗿𝗼𝗺 𝗦𝗨𝗜’𝘀 𝗥𝗲𝗰𝗲𝗻𝘁 𝗠𝗮𝗿𝗸𝗲𝘁 𝗔𝗰𝘁𝗶𝘃𝗶𝘁𝘆💥💥

1. All-Time High and Decline: SUI hit an all-time high of $2.36 on October 14 but has since dropped to $2.04, marking a 14% decline due to profit-taking.

2. Key Resistance at $1.97: SUI is trading just above the $1.97 resistance level. If selling pressure persists, SUI could drop further, potentially seeking support from the Ichimoku Cloud.

3. Bearish MACD Signal: The MACD line has crossed below the signal line, indicating a shift from bullish to bearish sentiment, suggesting increased selling pressure in the market.

4. Weakening Momentum: If SUI’s price enters or drops below the Ichimoku Cloud, it may signal a transition to a bearish trend and further weakening momentum.

5. Decline in Open Interest: SUI’s open interest peaked at $709 million on October 14 but has since fallen 24% to $538 million, indicating reduced trader interest and fewer active positions in the altcoin.

#MemeCoinTrending #TeslaTransferBTC #BTCSoarsTo68K #BNBRisesTo600