is currently trading at $1.7105, experiencing a decline of 1.68% in the last 24 hours. The price has seen a range from a high of $1.8239 to a low of $1.6906, indicating some volatility in the market. This movement reflects a period of consolidation as traders assess potential support and resistance levels. đ
The 24-hour trading volume is recorded at 102.63K SUI, suggesting moderate activity. A stable trading volume can be indicative of a healthy market, but fluctuations may signal upcoming volatility. Observing volume trends will be essential for predicting future price movements. đ
On the 15-minute chart, SUI is currently testing a support level around $1.7105. If this support holds, there may be a chance for a rebound towards the recent high of $1.7622. However, a drop below this level could lead to further declines, prompting traders to reconsider their positions. đ
In summary, while SUI's outlook shows some bearish pressure, maintaining above critical support levels will be crucial for any potential recovery. Traders should keep an eye on volume changes and market sentiment to better gauge upcoming price action. đ
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