The $SUI /USDT pair is currently trading at $3.1577, showing a slight negative trend with a 24-hour decrease of 0.11%.
Key Support and Resistance Levels
Immediate Support: $2.8719
Strong Support: $2.3601
Immediate Resistance: $3.1577
Strong Resistance: $3.3140
Entry Signal
Based on the current chart analysis and the slight bearish momentum, a bearish entry signal can be considered around the $3.3140 resistance level. A break below this level could indicate further downward movement.
Additional Observations
Momentum: The RSI (Relative Strength Index) is currently at 35.21%, indicating bearish momentum.
Volume: The 24-hour trading volume is 583.17M USDT, showing significant trading activity.
Moving Averages: The 5-day and 10-day moving averages are above the current price, indicating a potential downward trend.#DollarIndexHighestSinceJuly #WillBTCBreak100KSoon? #BTCBreaks89k #HaveYouBinanced #Write2Earn!