Here's an analysis of the **
$SUI /USDT Perpetual** trading data:
### Key Levels:
- **Last Price**: $1.9852, down by 3.07%.
- **Mark Price**: $1.9852.
- **24-Hour High**: $2.1078, acting as a resistance
level.
- **24-Hour Low**: $1.9355, providing a support level.
- **24-Hour Volume**:
- SUI Volume: 435.51 million SUI.
- USDT Volume: 881.81 million USDT.
### Depth Analysis:
- Resistance levels are shown around **2.1264** and **2.1173**, which could serve as potential upside targets.
- Support areas are seen near **1.9931**, **1.9852**, and lower around **1.9355** and **1.9264** if the price declines further.
### Technical Indicators:
- **Moving Average (MA)**: Useful for identifying the ongoing trend. A price above the MA generally signals an uptrend, while a price below it suggests a downtrend.
- **Bollinger Bands (BOLL)**: These can help detect volatility and indicate potential breakouts or reversals.
- **SAR (Stop and Reverse)**: Helpful for identifying trend reversals and entry or exit points.
- **MACD**: Look for crossovers or divergences as signs of changing momentum.
- **RSI**: RSI near extreme levels (overbought or oversold) can indicate potential reversals.
### Potential Targets:
#### Upside:
1. **Immediate Resistance**: If SUI can hold above $1.9852, it might aim for the resistance at $2.1078.
2. **Further Upside**: A breakout above $2.1078 could push SUI towards higher levels, such as $2.1264, depending on buying momentum.
#### Downside:
1. **Immediate Support**: If SUI falls below $1.9852, it may test the support near $1.9355.
2. **Further Downside**: A drop below $1.9355 could see SUI reaching lower levels, possibly towards $1.9264.
### 24-Hour Outlook:
SUI's short-term price action will likely depend on its movement around the $1.9852 support and $2.1078 resistance. Monitoring trading volume and signals from indicators like the MACD and RSI can offer insights into potential trend direction and momentum.
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