#sui链 09.30 Price trend analysis;
The price of SUI has been fluctuating at high levels recently, with multiple long upper and lower shadow lines appearing, indicating that there are large differences in the market. On the daily K line, after the long positive line on September 29, the negative line closed on September 30, indicating that there is callback pressure in the short term.
Technical indicators:
MACD: The hourly level MACD fast and slow lines cross downwards, and the green column is enlarged, indicating that the strength of shorts has increased in the short term; the daily level MACD is still above the zero axis, but the red column has shortened, showing signs of weakening.
RSI: The hourly RSI is close to 50, indicating that the market is neutral; the daily RSI has fallen back from the overbought zone to below 70, indicating that the upward momentum has weakened.
EMA: The hourly level EMA7, EMA30, and EMA120 are in a bonded state, showing that the short-term trend is unclear; the daily level EMA7>EMA30>EMA120, the long-term trend is still bullish, but it may face adjustments in the short term.
Volume:
Hourly trading volume gradually decreased, indicating a strong wait-and-see sentiment in the market. Daily trading volume increased significantly on September 29, and then fell back on September 30, indicating that capital inflows slowed down.
